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Politics |  | | | | From $30M to $95K: Omar's Disclosure Disaster Gets Worse Every Time She Opens Her Mouth | Ilhan Omar quietly filed an amended financial disclosure last week, slashing her reported household assets from as much as $30 million down to between $18,000 and $95,000 — a drop of roughly 99%. Her office blamed an accounting error, but when reporters pressed her for answers, she walked away from one and told another she didn't have to explain herself. Republicans were quick to raise questions about her husband's consulting firms, while Omar's scorched-earth response to basic questions did little to put the story to rest. | "A $30 million swing is anything but routine — and her response to reporters asking basic questions didn't help her case." |
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Someone just spent $236,000,000 on a painting. Here’s why it matters for your wallet.
Late last year, a Klimt sold for the highest price ever paid for modern art at auction.
An outlier sure, but it wasn't a fluke. U.S. auction sales grew 23.1% in 2025. The $1-5mm segment even grew 40.8% YoY.
Now, the S&P, teetering on all time highs, just posted its worst quarter since 2022, oil was up 94% (briefly), and Moody's puts recession odds at 48.6%.
Each environment is unique, but after dot-com, post war and contemporary art grew about 24% annually for a decade. After 2008, about 11% for 12 years.
It’s also had near-zero correlation with the S&P 500 since ‘95.*
Now, Masterworks lets you invest in shares of artworks featuring legends like Banksy, Basquiat, and Picasso.
$1.3 billion invested across over 500 artworks.
28 sales to date.
Net annualized returns on sold works held 12 months+ like 14.6%, 17.6%, and 17.8%.
Shares can sell quickly, but my subscribers can skip the waitlist:
*Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.
Politics |  | | | DOJ Indicts SPLC in Explosive Fraud Case Alleging Secret Ties to Extremist Groups | A federal grand jury in Alabama has indicted the Southern Poverty Law Center on multiple criminal charges including wire fraud, false statements to a federally insured bank, and conspiracy to commit money laundering. The 11-count indictment alleges that the SPLC covertly operated a network of individuals tied to violent extremist groups — including the Ku Klux Klan — dating back to the 1980s, and that donors were kept in the dark as more than $3 million was allegedly funneled to figures within the very organizations the group publicly condemned. Acting AG Todd Blanche accused the SPLC of "manufacturing racism to justify its existence." | "Officials say the case underscores a stark contradiction between the SPLC's public mission and its alleged behind-the-scenes activities." |
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