There is no doubt that the crisis in Spain is getting worse, threatening to drag down the rest of Europe, and ultimately the US, with it. Over the weekend, Standard and Poor’s downgraded the debt of 11 Spanish banks, after downgrading the country’s sovereign debt weeks earlier. Further downgrades are a given so expect them [...]

The Bombshells Headed Our Way
This certainly promises to be an interesting week for the markets. On Thursday, we get the Department of Labor’s weekly jobless claims at 8:30 AM EST. If we clock a fourth consecutive week over 380,000, or go even higher, then an exact repeat for last year’s summer slowdown will be in play. So will the [...]

Only Buy Companies You Hate
Dilbert cartoonist Scott Adams argues that you should invest in companies you hate, because only the most unprincipled and rapacious firms make the greatest profits. Moral bankruptcy is a great leading indicator of success, and the best ones can get you to balance your wallet on the end of your nose and bark like a [...]

May 1, 2012 – Quote of the Day
“The investor in America sits at the bottom of the food chain,” said John C. Bogle, founder of the Vanguard Group of index funds.

SOLD OUT! Last Chance to Sign up for the May 3, 2012 Scottsdale Strategy Luncheon
Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Scottsdale, Arizona on Thursday, May 3, 2012. A three course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I’ll be giving you my up to date view on [...]

Coffee With the Treasury Secretary
I knew that Treasury Secretary Tim Geithner was early for our meeting at the San Francisco Mark Hopkins Hotel, as the line of silver Secret Service GM Suburbans was illegally occupying some of the most prime parking places on Nob Hill. I’m glad they changed the color. I was getting tired of the perpetual black. [...]

April 30, 2012 – Quote of the Day
“At some point in 2011, knuckles are going to be turning white, and we’ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat,” said David Rosenberg of Gluskin, Sheff & Associates

No More QE3
That was the judgment of the markets in the wake of the Federal Reserve’s latest economic forecast released today for at least two minutes. The asset classes most dependent on further monetary easing, like gold (GLD), silver (SLV), the Euro (FXE), and the yen (FXY), saw dramatic, sudden selloffs, and then recovered losses almost as [...]

The Tax Rate Fallacy
When anyone starts lecturing you that the US has the highest tax rate in the industrialized world, just turn around, walk away, and pretend you never heard of them. This person is either ignorant about this country’s taxation system, or is deliberately trying to deceive or mislead you. According to a report released by the [...]

April 27, 2012 – Quote of the Day
“This year is going to be about chasing pennies and nickels in the bond market. Volatility is going to be very low. I expect the ten year bond to end up at a 2% yield,” said Mike Pond, co-head of US interest rate policy at Barclays Bank.

A Snapshot of America’s Native Indian Economy
When I was remodeling my 160 year old London house, the chimney was in desperate need of attention. After the bricklayer crawled up the fireplace, he found a yellowed and somewhat singed envelope addressed to Santa Claus. Thinking it was placed there by my kids, he handed it over to me. In it was a [...]

Business is Booming at Ruff Times
Following Howard Ruff for the last 35 years has always been eye opening, if not entertaining. The irascible Mormon is the publisher of Ruff Times (http://www.rufftimes.com ), one of the oldest investment letters in the business, and one of the original worshipers of hard assets. The great thing about the end of the world crowd [...]

April 26, 2012 – Quote of the Day
“The old yardsticks don’t seem to be working anymore,” said Art Cashin, a strategist at UBS.
Why Dr. Copper is Looking Ill
Traders like to refer to the red metal as Dr. Copper because it is the only one that has a PhD in economics. This year it has been proving its credentials as a great predictor of future economic activity once again. Copper has been leading the downside charge for all risk assets since it peaked [...]

Vietnam Has Been Hot
Vietnam has delivered one of the top performing stock markets so far in 2012. Take a look at the Market Vectors Vietnam ETF (VNM). The venture invests in companies that get 50% or more of their earnings from that country, with an anticipated 37% exposure in finance, and 19% in energy. This will get you [...]
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Follow Up to Trade Alert – (AAPL) May, 24, 2013
May 24, 2013
- May 24, 2013 May 24, 2013
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Updated 2013 Strategy Luncheon Schedule
May 24, 2013
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A Tribute to a True Veteran
May 24, 2013
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Update on The Mad Day Trader
May 24, 2013
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May 24, 2013 – Quote of the Day
May 24, 2013
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Trade Alert – (AAPL) May 23, 2013
May 23, 2013
- May 23, 2013 May 23, 2013
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July 8 London Strategy Luncheon
May 23, 2013
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The American Onshoring Trend is Accelerating
May 23, 2013
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SOLD OUT! San Francisco November 4th Strategy Luncheon
October 25, 2011
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My 2012-13 Stock Market Forecast.
October 31, 2012
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Last Chance to Come Join Me for the Paris Strategy Luncheon – July 17, 2012
July 15, 2012
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Will Gold Coins Suffer the Fate of the $10,000 Bill?
November 25, 2011
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My Personal Leading Economic Indicator
November 25, 2011
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SOLD OUT! December 27 Chicago Strategy Luncheon
December 22, 2011
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An Evening With the Chinese Intelligence Service
December 25, 2011
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Take a Look at Occidental Petroleum (OXY)
December 26, 2011
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Another Nail in the Euro Coffin
January 16, 2012
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Sold Out! Las Vegas January 27, 2012 Strategy Luncheon
January 23, 2012





