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
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
'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
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.
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
?Under current law there will be a massive fiscal contraction in 2013,? said Ben Bernanke, chairman of the Federal Reserve.
The Japanese yen has been flat lining since the tsunami struck in March of last year and was quickly followed by the nuclear meltdown and an economic collapse. In the meantime, the country?s long term structural problems have gotten steadily worse. Last week, the yen was driven back to the very top of the range
Finally, all that driving down dusty, bumpy, washboard dirt roads in the Barnet Shale in Texas paid off. The thing about a great trade is that when it works, new reasons to justify it that you never thought of suddenly come out of the woodwork. That is exactly what happened with my decision to sell
My name is Julian and I am currently a finance student in Montreal, Canada. I've been reading some of the free material you've posted and I think you are dead on with your analysis. It?s really good stuff. I've been trading for 4 years and turned $3000 into $17000. It?s paying my way through college.
?The only way out for Europe is to devalue the Euro to help the peripheral countries,? said Scott Minerd, chief investment officer at Guggenheim Partners.