June 28, 2012 – Quote of the Day

“If there were no way to short stocks, the probability of stock market bubbles would be much greater,” said hedge fund manager, Bill Ackman, of Pershing Square.

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Obama’s Unintended Oil Consequences

Back in March, oil broke the $110/barrel level and gasoline was rapidly approaching the $5/gallon level, threatening to derail Obama’s reelection campaign. The administration enlisted Europe to join it in a boycott of Iranian oil in an effort to get the Islamic republic to retreat from is program to develop a nuclear weapon. Iranian president, […]

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My Update on India

The great thing about running an online newsletter is that it is not only self-correcting, it is self-enhancing. Whenever I make a mistake or state a factual error, my inbox catches on fire when corrections, additional data, and chastisements. Ditto when I exclude some key points to bolster my own arguments. So I thought I […]

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June 27, 2012 – Quote of the Day

“The number one performing stock market of the past ten years in nominal terms has been Zimbabwe. But if you bought equities there you lost all your money because the ZWD$3 trillion you made now buys you three eggs,” said Kyle Bass of hedge fund, Hyman Capital.

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Sold Out! Last Chance to Attend the Chicago Strategy Luncheon This Friday, June 29th!!

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Chicago on Friday, June 29, 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 stocks, […]

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The Long View of the US Economy

The retirement of the baby boomers, and the reduced numbers and frugal spending patterns of Generation X, are not only bad news for the real estate market for the next 20 years, they are going to be a huge drag on the economy as a whole. The distinguished economist, Robert J. Gordon, of Northwestern University […]

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India is Catching Up With China

When I first visited Calcutta in 1976, more than 800,000 people were sleeping on the sidewalks, I was hauled everywhere by a very lean, barefoot rickshaw driver, and drinking the water out of a tap was tantamount to committing suicide. Some 36 years later, and the subcontinent is poised to overtake China’s white hot growth […]

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A Conversation With the Boots on the Ground

I have spent many hours speaking at length with the generals who are running our wars in the Middle East, like David Petraeus, and James E. Cartwright. To get the boots on the ground view, I attended the graduation of a friend at the Defense Language Institute in Monterey, California, the world’s preeminent language training […]

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June 26, 2012 – Quote of the Day

“Take 200 round trips to Australia, and you really start to rack up the miles,” said Tom Stoker, and automotive sales analyst who just surpassed 10 million frequent flier points on United Airlines. It makes my own 1 million miles seen puny by comparison.  

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Why I Am Chopping My US GDP Forecast to 1.5%

For the past two years, I have maintained a GDP growth forecast for the US of 2% a year. I have not stuck with this figure because I am stubborn, obstinate, or too lazy to update my analysis of the future of the world’s largest economy. I have kept this number nailed to the mast […]

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June 25, 2012 – Quote of the Day

“For the president to not focus on the financial industry in the wake of a financial crisis, he would have to be blind,” said former Federal Reserve governor, Paul Volker

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Here’s Your Second Chance to Sell in May

It was 3:30 am when one of my old staffers from Morgan Stanley in London called. He was now running a proprietary trading desk at Goldman Sachs, and I didn’t think he was rousing me out of a dead sleep to reminisce about the good old days. He told me that the firm’s research department […]

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Get Your New Global Trading Dispatch Password

Paid up subscribers to Global Trading Dispatch and the Diary of a Mad Hedge Fund Trader newsletter are entitled to a password that gives them access to my premium content. Without it you will be unable to access the best parts of the new website, including my daily real time trading portfolio, trade alert tutorial […]

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June 22, 2012 – Quote of the Day

“Banks make money on a big fat yield spread. The Fed is killing that,” said Michael Pento of Pento Portfolio Strategies.

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Trade Alert – (DIS) June 21,2012

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

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