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October 20, 2010 – Lunch With the Treasury Secretary

Featured Trades: (LUNCH WITH THE TREASURY SECRETARY)   1) Lunch With the Treasury Secretary. When I wake up at 4:30 am each morning to check the overnight markets and review the opening salvo of incoming emails, I often have trouble focusing in my groggy state. So I had to blink twice when the first message […]

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October 19, 2010 – If Demographics is Destiny, Then America’s Future Sucks

Featured Trades: (SPECIAL DEMOGRAPHIC ISSUE), (SPY), (EWJ), (VNM), (EEM) 1) If Demographics is Destiny, Then America's Future Sucks. Desperate homeowners counting on a “V” shaped recovery in residential real estate prices to bail them out better first take a close look at global demographic data, which tells us there will be no recovery at all. […]

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October 19, 2010 – Why I’m Avoiding Japan Like the Plague

Featured Trades: (SPECIAL DEMOGRAPHIC ISSUE), (EWJ) 2) Why I'm Avoiding Japan Like the Plague. Now look at the world’s worst population pyramid, that for Japan (EWJ). These three graphs show that a nearly perfect pyramid drove a miracle stock market during the fifties and sixties which I remember well, when Japan had your textbook high […]

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October 19, 2010 – Brace Yourself: The US is Turning into Japan

Featured Trades: (SPECIAL DEMOGRAPHIC ISSUE), (SPX), (EEM) iShares MSCI Emerging Markets ETF 3) Brace Yourself. The US is Turning into Japan. (SPX) As a silver tsunami of 80 million baby boomers retires, they will be followed by only 65 million from generation “X”. The intractable problems that unhappy Japan is facing will soon arrive at […]

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October 19, 2010 – Vietnam is a Paradise for Demographic Investors

Featured Trades: (SPECIAL DEMOGRAPHIC ISSUE), (VNM), (GE) Market Vectors Vietnam ETF 4) Vietnam is a Paradise for Demographic Investors. Now that we have figured out that Vietnam is a great place to invest, take a look at the Van Eck Groups Vietnam Index Fund (VNM). The venture will invest in companies that get 50% or […]

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October 18, 2010 – The Collapse of the Yen: When is This Party Getting Started?

Featured Trades: (THE YEN SHORT), (FXJ), (YCS)   1) The Collapse of the Yen: When is This Party Getting Started? ‘Oh, how I despise the yen, let me count the ways.’ I’m sure Shakespeare would have come up with a line of iambic pentameter similar to this if he were a foreign exchange trader. I […]

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October 18, 2010 – The Gold Rush in Iraq

Featured Trades: (IRAQI OIL), (SLB), (HAL), (BHI), (WFT) 2) The Gold Rush in Iraq. There is a Gold Rush Underway in Iraq, with major implications for the rest of us. The success of the recent oil auctions in Iraq is creating a windfall for American oil services companies. Schlumberger (SLB), Baker Hughes (BHI), Weatherford (WFT), […]

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October 18, 2010 – The One Bright Spot in Real Estate

Featured Trades: (MULTIFAMILY DWELLINGS) 3) 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 […]

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October 18, 2010 – The Big MarketView From 30,000 Feet

Featured Trades: (IAN BREMMER OF THE EURASIA GROUP), (GOOG), (SPX), (EZU), (FXI), (FXE), (EWA), (EWC), (EWY), (EWT), (THD), (IDX), (EWS), (EWZ), (ECH), (EWW), (RSX) 4) The Big MarketView From 30,000 Feet. There is a new war underway between two forms of capitalism. The traditional type is driven by the big global multinationals we all know […]

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October 15, 2010 – Last Chance to Meet the Mad Hedge Fund Trader at the San Francisco Strategy Luncheon

Featured Trades: (SAN FRANCISCO STRATEGY LUNCHEON)   1) Last Chance to Meet the Mad Hedge Fund Trader at the San Francisco Strategy Luncheon. Last April, I predicted that a huge demographic push would send the prices of commodities soaring, that the economy would threaten a double dip, but not actually do it, and that emerging […]

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October 15, 2010 – Time to Double Up on China

Featured Trades: (CHINA), (SHANGHAI), (FXI), ($SSEC) iShares FTSE/Xinhua China 25 Index ETF South Korea iShares Index ETF Thai Capital Fund, Inc. Singapore iShares ETF iShares MSCI Turkey Investable Market Index Fund ETF iShares MSCI Chile Investable Market Index Fund ETF Brazil iShares ETF PowerShares India Portfolio ETF Market Vectors Russia ETF Trust ETF 2) Time […]

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October 15, 2010 – Indonesia is On Fire

Featured Trades: (INDONESIA), (IDX), (EIDO) Market Vectors Indonesia Index ETF iShares MSCI Indonesia Investable Market Index ETF 3) Indonesia is On Fire. Who said quantitative easing wouldn’t work? The only problem is that you have to speak Bahasa, eat nasi goreng, and live South of the equator, to take full advantage of Uncle Ben’s munificence. […]

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October 14, 2010 – The Solar Boom in California

Featured Trades: (CALIFORNIA’S SOLAR ENERGY BOOM), (FSLR), (SIRE), (HOKU), (TSL) 1) The Solar Boom in California. There is a gold rush of a different kind going on in California, the solar variety. There is a stampede by 49 alternative energy projects, including nine solar ones, to get final approval from the California Energy Commission before […]

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October 14, 2010 – Beating the Market With Demographics

Featured Trades: (DEMOGRPHIC INVESTING) 2) Beating the Market With Demographics. Regular readers of this letter know that I rely on long term demographic trends to predict the direction of the global financial markets. Let me approach this topic from a different angle, measuring the number of retirees a population must support versus the anticipated burden […]

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October 14, 2010 – Apple Blasts Through $300, Next Stop: $1,000

Featured Trades: (AAPL) 3) Apple Blasts Through $300, Next Stop: $1,000. When I took a young, cocky, long haired, Levis wearing Steve Jobs around to meet Morgan Stanley's institutional investors to pitch an Apple share offering 28 years ago, I vowed never to buy anything from the man. He was such a great salesman, and […]

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