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SNAFU Investing with Lau Vegys

Lau Vegys, Joel Bowman

Nothing works the way it's supposed to — and everyone pretends it does. It's the SNAFU world. Essays on money, markets, and the unraveling West — plus stock picks, real-time alerts, and a live portfolio, always one click away.

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Substack
PricingFreemiumPublishesDaily
Issues69Founded2 years agoLast Issue5 days ago
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Latest Issues

The Market Just Made a New High. It's All Resting on One Bet.

The S&P 500 set another record yesterday.

It did so with oil above US$100, the 10-year Treasury yielding 5.2%, a US$2.1 trillion deficit fresh off the press, and AI companies that have yet to post a profitable year lining up US$2 trillion...

5 days ago
64
23

Trump, Inflation, and a Wheelbarrow Full of Cash

Lau here.

Last week the president said something out loud that presidents are not supposed to say out loud. A journalist asked him about the debt crossing $40 trillion, and this is how he answered.

You know, inflation, certain levels of...

7 days ago
51
3

Trump Just Told You How He'll Pay Off the Debt

I’ve written before that there’s only one way out from under US$40 trillion of debt that keeps the elites happy and the public none the wiser: devalue the dollar. Not default. Not cut spending. Inflate the debt away, hopefully quietly enoug...

9 days ago
231
29

China Got Trump's Red Carpet. It Kept the Rare Earths.

Whatever you think of China, and there’s a lot one can think about it, one thing is beyond dispute: its rise is the biggest story of our time.

Lee Kuan Yew, the man who built modern Singapore and spent fifty years watching China from next...

11 days ago
50
12

Alert: Free Shares Landing in Your Account

Our uranium producer is handing out stock in a second company. Here's what it's worth, and what I'd do with it.

Lau here.

13 days ago
23
8
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Authors

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  • Lau Vegys

    Husband, father of three, allocator of capital, and sometime expat. Raised in the Soviet Union - which is probably why I don't trust governments with anything, especially your money. I used to edit Doug Casey's Crisis Investing.

  • Joel Bowman

    Free Markets, Free Minds, Free People - Covering the Greatest Political Experiment of Our Age from the End of the World. Writer, voluntaryist, husband, father, peripatetic, away schooler.

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