If Jack Dorsey's proclamation that bitcoin will be anointed the global "single currency," it could spawn a crescendo of pollution the world has never seen before. In a candid interview with The Times of London, Dorsey, the workaholic CEO of Twitter (TWTR) and Square (SQ), offered a 10-year time horizon for his claim to come
Global Market Comments March 22, 2018 Fiat Lux Featured Trade: (THE FED SIGNALS HALF SPEED AHEAD), (TLT), (UUP), (FXE), (FXY), (FB), (WHY YOU WILL LOSE YOUR JOB IN THE NEXT FIVE YEARS, AND WHAT TO DO ABOUT IT)
OK, the number is out! The Fed just raised interest rates by 25 basis points, taking the cost of overnight money for the big banks to a 1.50%-1.75% range. The boiling frog analogy comes to mind. Keep raising the temperature so slowly you don't notice it until your portfolio eventually gets cooked. I believe we
Mad Hedge Technology Letter March 22, 2018 Fiat Lux Featured Trade: (HOW LAM RESEARCH HAS CORNERED THE MARKET FOR SEMICONDUCTOR MANUFACTURING EQUIPMENT) (LRCX), (MU)
Micron Technology (MU) is one of the hottest semiconductor stocks of 2018, and the Wafer Fab Equipment (WFE) used to produce the chips comes from Lam Research (LRCX) - a bedrock recommendation of ours for the past several years. I have been shouting from the mountain tops for investors to not only dip their toe
Global Market Comments March 21, 2018 Fiat Lux Featured Trade: (THE VALUE CASE FOR FACEBOOK), (FB), (AAPL), (WHAT ALMONDS SAY ABOUT THE GLOBAL ECONOMY)
When it rains, it pours. That is how Facebook founder Mark Zuckerberg must feel after suffering two black swans in two days. First came the disclosures that a client, Cambridge Analytica, used the information from 50 million Facebook users to help the Russians influence the 2016 presidential election. Today, we learned that the company is
Mad Hedge Technology Letter March 21, 2018 Fiat Lux Featured Trade: (HOW THE FANGS WILL MAKE A KILLING ON NEW GOVERNMENT REGULATION) (FB), (GOOGL), (BIDU), (BABA)
Yes, that's right, you read it correctly, almonds. By now, many of you have figured out that I like calling my paid subscribers to find out how they find the service. I always ask for suggestions for improvements. Then I ask what they do besides trade the markets. I get an amazing array of answers.
What a late Christmas gift! It's three months late, but I am sure Mark (Zuckerberg) will take it. The cost of data just spiked thanks to UK-based Cambridge Analytica, and the FANGs are popping bottles of Champagne. The embedded regulatory premium increased one full magnitude on the news of the data leak, and regulation will