The wild west of the data wars is spawning into an all-out, gunslinging shoot-out with a winner-takes-all mentality. This slugfest is reminiscent of the unregulated 19th-century American oil barons whose clout and complete control of the supply of oil fueled the industrial revolution that drove America's economy to the top of the global food chain.
Yu'e Bao or "leftover treasure" in English has caught the attention of more than 400 million Chinese investors. This money market fund has exponentially grown into a $250 billion fund by the end of 2017, and is now the largest money market fund in the world! This product isn't offered by Bank of China or another giant
When asked about the urban legend that the vaults at Fort Knox are empty, and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, "I've been to the basement of the New York Fed. The gold is there. I've seen it."
Global Market Comments October 1, 2018 Fiat Lux Featured Trade: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or DON’T NOMINATE ME!), (AMZN), (NVDA), (AAPL), (MSFT), (GLD), (ABX), (GOLD), (JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA, CONFERENCE, OCTOBER 26-27, 2018)
I have a request for all of you readers. Please do not nominate me for justice of the Supreme Court. I have no doubt that I could handle the legal load. A $17 copy of Litigation for Dummies from Amazon would take care of that. I just don’t think I could get through the approval
Tickets for the Mad Hedge Lake Tahoe Conference are selling briskly. If you want to obtain a ticket that includes a dinner with John Thomas and Arthur Henry you better get your order in soon. The conference date has been set for Friday and Saturday, October 26-27. Come learn from the greatest trading minds in
Mad Hedge Hot Tips September 28, 2018 Fiat Lux The Five Most Important Things That Happened Today (and what to do about them) 1) Amazon is Targeting $2,525, or so says broker Stifel Nicolaus. Its multiple giant businesses are going gangbusters. Sounds cheap to me, so I’m diving back in. Click here. 2) The
Global Market Comments September 28, 2018 Fiat Lux Featured Trade: (WHAT WILL TRIGGER THE NEXT BEAR MARKET?) (JPM), (SNE), (TLT), (ELD), (AMZN), (WEDNESDAY, OCTOBER 17, 2018, HOUSTON GLOBAL STRATEGY LUNCHEON)
Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Luncheon, which I will be conducting in Houston, Texas, on Wednesday, October 17, 2018. A three-course lunch will be followed by a wide-ranging discussion and an extended question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, foreign currencies, commodities,