About John Thomas

Author Archive | John Thomas

December 12, 2012 — Quote of the Day

“As long as the Europeans are reactive instead of proactive, we are going to see a slow motion wreck in Europe,” said Mohamed El-Erian, CEO of the bond giant, Pimco.

Read full story Comments are closed

December 11, 2012

 Global Market Comments December 11, 2012 Fiat Lux SPECIAL EMERGING MARKETS ISSUE Featured Trades: (JANUARY 4 CHICAGO STRATEGY LUNCHEON), (IS IT TIME TO BUY CHINA?), (FXI), (CYB), (EWH), (FXA),(IT’S OFF TO THE RACES WITH EMERGING MARKETS),(EWZ), (RSX), (PIN), (EWY), (TUR), (EWC), (IDX), (EWT) iShares FTSE China 25 Index Fund WisdomTree Dreyfus Chinese Yuan Fund HongKong […]

Read full story Comments are closed

Is it Time to Buy China?

Avoiding emerging markets generally, and China specifically, has been one of my more prescient market calls this year. I never believed in the hard landing scenario proffered by uber bear, Jim Chanos, for two seconds, betting instead that the Middle Kingdom would settle down to a more sedentary 6-7% GDP growth rate. Once a new […]

Read full story Comments are closed

It’s Off to the Races With Emerging Markets.

With a Chinese recovery now possibly on the table, it’s time to reach back into our archives and dust off all that old research on emerging markets. Jim O’Neil is the fabled analyst who invented the “BRIC” term a decade ago, and who has since been kicked upstairs to the chairman’s seat at Goldman Sachs […]

Read full story Comments are closed

December 11, 2012 — Quote of the Day

There is growing evidence that China is starting to recover. If that happens, it is going to restart the entire global manufacturing cycle. Emerging markets have been the missing link for the entire year,” said Jim Paulsen, chief investment strategist of Wells Capital Management.

Read full story Comments are closed

December 10, 2012

Global Market Comments December 10, 2012 Fiat Lux Featured Trades: (DECEMBER 12 GLOBAL STRATEGY WEBINAR) (JAPANESE BONDS HIT NINE-YEAR HIGHS), (FXY), (YCS), (FXE), (FXF) (WATCH ABROAD FOR MARKET DIRECTION) (EWG), (EWQ), (EWU), (EWH), (FXI), ($SSEC) Currency Shares Japanese Yen Trust ProShares UltraShort Yen Currency Shares Euro Trust Currency Shares Swiss Franc Trust Germany iShares France […]

Read full story Comments are closed

Don’t Miss the December 12 Global Strategy Webinar.

My next global strategy webinar will be held on Wednesday, December 12 at 12:00 noon EST. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is to find the cheapest assets in the world to buy, the most expensive to sell short, and the appropriate […]

Read full story Comments are closed

Japanese Bonds Hit Nine-Year High.

Japanese government bonds hit a new nine-year high yesterday, and yields dropped under a subterranean 70 basis points. The move was great news for the hedge fund community, which is running huge short positions in the Japanese yen. The shakeout was prompted by next Sunday’s national elections. Front-runner, Shinzo Abe’s Liberal Democratic Party, has promised […]

Read full story Comments are closed

Watch Abroad for Market Direction.

Apple has been the lead stock for the market for most of 2012. But if you depended on Steve Jobs’ creation for market direction this week you would have absolutely had your head handed to you. Apple plunged a mind numbing 24%, cutting an eye popping $140 billion of its market capitalization, while the S&P […]

Read full story Comments are closed

December 10, 2012 — Quote of the Day.

“Bonds right now are very dangerous. Bonds are trouble. Interest rates are going to go up a lot next year and a lot of people are going to lose money. You have to be prepared for that,” said George Young of Villere & Co. Balanced Funds.

Read full story Comments are closed

December 7, 2012

Global Market Comments December 7, 2012 Fiat Lux Featured Trades: (JANUARY 4 CHICAGO STRATEGY LUNCHEON) (AUSTERITY HITS WALL STREET), (MS), (GS), (TIME TO GET BACK INTO COPPER?), (FCX) Morgan Stanley Goldman Sachs Group, Inc. Freeport McMoran Copper&Gold

Read full story Comments are closed

Austerity Hits Wall Street.

With Citibank’s announcement yesterday that it is closing 84 branches and laying off 11,000 employees, it looks like a lot of bankers are going to get a lump of coal in their stocking for Christmas this year. For those who remain, the bonus is that you get to keep your job. That is the bad […]

Read full story Comments are closed

Time to Get Back Into Copper?

I have been following Freeport McMoRan (FCX) for about 30 years now, and it has long been one of my favorite companies, as it is one of the world’s purest plays on copper. I followed it during the dark days when the red metal was trading in the basement at $0.70/pound, and liked it just […]

Read full story Comments are closed

December 7, 2012 — Quote of the Day

“We’re spending billions in Iraq and Afghanistan. Let’s rebuild America first. If you build us a bridge or a school in West Virginia we won’t blow it up and we won’t burn it down,” said Senator Joe Manchin.  

Read full story Comments are closed

December 6, 2012

Global Market Comments December 6, 2012 Fiat Lux Featured Trades: (WHAT’S GOING ON WITH APPLE?), (AAPL), (THE CASE AGAINST TREASURY BONDS), (TLT), (TBT) (FEEL LIKE INVESTING IN A STATE SPONSOR OF TERRORISM?), (GAF), (AFK) Apple, Inc. iShares Barclays 20+ ProShares UltraShort 20+ SPDR S&P Emerging Middle East And Africa Market Vectors Africa

Read full story Comments are closed