February 9, 2012 – Quote of the Day

“We’ll still operating off of Jackson Hole, 2011 when Ben Bernanke delivered his famous speech preceding quantitative easing,” said foreign exchange trader, Ira Harris.

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The One Bright Spot in Real Estate

After my weekly dump on residential real estate, I feel obliged to reveal one corner of this beleaguered market that might actually make sense. By 2050 the population of California will soar from 37 million to 50 million, and that of the US from 300 million to 400 million, according to data released by the […]

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A Short History of Hedge Funds

Legendary Fortune Magazine editor, Winslow Jones, created the first hedge fund out of a shabby office on Broadway Avenue in New York City in 1948, and generated monster returns over the next 20 years. He got the idea of a 20% performance bonus, now an industry standard, from ancient Phoenician sea captains who kept a […]

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The ‘Population Bomb’ Echoes

Pack your portfolios with agricultural plays like Potash (POT), Mosaic (MOS), and Agrium (AGU) if Dr. Paul Ehrlich is just partially right about the impending collapse in the world’s food supply. You might even throw in long positions in wheat, corn, soybeans, and rice. The never dull, and often controversial Stanford biology professor told me […]

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February 8, 2012 – Quote of the Day

“You can reduce discretionary spending down to zero and it won’t have much impact on our fiscal problems because it’s such a small proportion of the total,” said Ben Bernanke, chairman of the Federal Reserve.

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Only Hours Left to Beat My Price Increase

Due to the overwhelming surge in new subscriptions last night, my website crashed, preventing many subscribers from renewing at the old $1,997 annual rate BEFORE THE February 7 deadline. I am therefore extending my special offer for just 24 more hours. After that, at midnight EST, Wednesday February 8, prices for both of my products […]

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SOLD OUT: Houston Strategy Luncheon – February 9, 2012

Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Houston, Texas on Thursday, February 9, 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 […]

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Earnings are Slowing as the Market is Peaking

Just as portfolio managers are buying shares because the stock market is going up, the fundamental argument behind higher equity prices is starting to erode. As the totals are coming into focus for the Q4 earnings period, disappointment is becoming the order of the day. Of the 291 S&P 500 companies that have reported so […]

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February 7, 2012 – Quote of the Day

‘Changes in consumption stemming from per capita income rises from $1,000 a year to $5,000, as you are seeing in India, or $5,000 to $10,000, as you are seeing in China, is a very different kind of consumption. It is much more commodities heavy, it is food heavy, it draws a lot more on water […]

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Trade Alert – (SPY) Update – February 6, 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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Trade Alert – (SPY) – February 6, 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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Last Chance to Beat My Price Increase

It is an old adage in the investment business that you get what you pay for. Followers of my Macro Millionaire trade mentoring got quite a lot last year, with my 56 recommendations bringing in a return of 40.17%. Since this is the land of the free, the home of the brave, and the last […]

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Rumblings in Tokyo

I spent ten years of my life tramping in and out of Japan’s Ministry of Finance headquarters in Tokyo’s Kasumigaseki district. It was a dreadful reinforced steel and concrete affair with a dull grey tile siding that was so solidly built that it was one of the few structures in the city to survive WWII. […]

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The Nonfarm Payroll Shocker

Economists were left speechless with Friday’s report of the January nonfarm payroll, which came in at an amazing 243,000, more than double the consensus expectations. It was the sharpest improvement in the data since April. Analysts have become inured to bad data that a mediocre report sounds like The Second Coming. The headline unemployment rate […]

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February 6, 2012 – Quote of the Day

“Under current law there will be a massive fiscal contraction in 2013,” said Ben Bernanke, chairman of the Federal Reserve.

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