PremierPieces
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Wages alone are no longer enough to guarantee financial security. By highlighting the diverging realities of owner-Americans and employee-Americans, I argue that asset ownership — not a career of employment — is the key to achieving financial security in America. In my opinion, the barrier for many isn’t money but knowledge — and the fear…
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The Importance of Payrolls As the gold standard of economic reports, payrolls carry significant weight. Given their influence on Treasury yields, they indirectly have the power to move the prices of all financial assets. Moreover, payroll data impacts key decision-making bodies: the Fed, Congress (if you believe them—I don’t), and Wall Street strategists and analysts.…
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The Cult of Crypto (2020-2021) In the aftermath of COVID, stimulus checks and low interest rates created an environment ripe for speculation. The buzz around cryptocurrency grew with the price of Bitcoin (BTC), which rose from ~$10k to a peak of $69k between January 2020 and November 2021. This buzz eventually materialized into a vocal…
