I have long sat beside the table of McKinsey & Co., the best management consulting company in Asia, hoping to catch some falling crumbs of wisdom. So, I jumped at the chance to have breakfast with Shanghai based Worldwide Managing Director, Dominic Barton, when he passed through San Francisco visiting clients. These are usually sedentary [...]

Global Market Comments December 18, 2012 Fiat Lux Featured Trades: (WHEN DAVID TEPPER TALKS, PEOPLE LISTEN), (SPX), (THE SEDUCTIVE ALLURE OF BRAZILIAN BONDS), (EWZ), (BZF) S&P 500 Large Cap Index Brazil iShares Wisdom Tree Dreyfus Brazilian Real Fund

OK, let’s say that you don’t own bonds, but someone is holding a gun to your head, dangling you by your ankles outside a window on a high floor, or threatening to cut you off their Christmas card list, if you don’t buy some. Maybe you are sick to death, bashing your head against the [...]

Global Market Comments December 17, 2012 Fiat Lux Featured Trades: (WHY MY SHORTS ARE MISSING), (IS COPPER THE NEW RED GOLD?), (JJC), (DBB), (ECH), (JCX) (SAY GOODBYE TO YOUR FAVORITE TEACHER) iPath Dow Jones-UBS Copper Subindex Total Return ETN PowerShares DB Multi-Sector Commodity Trust Metals Fund iShares MSCI Chile Index Fund

Federal detention centers in the San Francisco Bay area are slowly filling up with a new type of criminal. Thousands of illegal immigrants and petty drug dealers are being joined by a rising tide of copper thieves raiding abandoned government facilities for their heavy gauge copper electrical wire. At current prices a decent night’s haul [...]