Global Market Comments May 14, 2026 Fiat Lux Featured Trades: (JOIN ME ON CUNARD'S QUEEN MARY 2 FOR MY FRIDAY, JUNE 19 TRANSATLANTIC SEMINAR AT SEA LUNCHEON) (HOW TO READ THE MAD HEDGE DAILY POSITION SHEET)
“I looked all over the basement when I was at the White House, and there is no big lever you can throw to make things good again,” said Austin Goolsby, former chairman of the Council of Economic Advisors.
Global Market Comments May 13, 2026 Fiat Lux Featured Trades: (THE TWO CENTURY DOLLAR SHORT), (CNN’S JOHN LEWIS; THE DEATH OF A COLLEAGUE)
“We’ve seen the S&P 500 drop 50% twice in the last 15 years. That is the new normal”, said Richard Kang of Emerging Global Advisors.
Global Market Comments May 12, 2026 Fiat Lux Featured Trades: (HOW TO HANDLE THE FRIDAY, MAY 15, OPTIONS EXPIRATION), (SPY), (USO), (CAT)
"The things that affect the investment world so profoundly are the things that were not foreseen. If they could be foreseen ... anticipated and adjusted to and factored into prices, they wouldn't have that cataclysmic effect," said legendary investor Howard Marks of Oaktree Capital.
Global Market Comments May 11, 2026 Fiat Lux Featured Trades: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or THE FOG OF INVESTMENT), (META), (NVDA), (AMD), (MU) (AMZN), (GOOGL), (AAPL), (NVDA), (AVGO) (XLF), (XLV), (XLF), (XLV), (OWL), (APO), (MSTR), (C), (MS), (DHI), (XLV), (IBB)
“We don’t own anything really, we just borrow it,” said the late Ted Turner.
Global Market Comments May 8, 2026 Fiat Lux Featured Trades: (MAY 6 BIWEEKLY STRATEGY WEBINAR Q&A), (ET), (TK), (LNG), (USO), (UBER), (TSLA), (AMZN), (QQQ), (T), (VZ), (TMUS), (CCJ)
"The time to worry about the Fed is not when they go from accommodative to neutral, it is when they go from neutral to tight," said Bill Miller, the legendary former chairman and chief investment officer of Legg Mason Capital Management.
Global Market Comments May 7, 2026 Fiat Lux Featured Trades: (RIGHT SIZING YOUR TRADING)
“Savers are losers”, said a radio ad for a mortgage broker in Reno, Nevada.
Global Market Comments May 6, 2026 Fiat Lux Featured Trades: (DECODING THE GREENBACK), (BRING BACK THE OLD ASSET ALLOCATION RULES) (TLT), (JNK), (HYG), (REIT), (BKLN)
“Incentive structures work, so you have to be very careful about what you incent people to do, because various incentive structures create all sorts of consequences which you can’t anticipate,” said Apple founder Steve Jobs.
Global Market Comments May 5, 2026 Fiat Lux Featured Trades: (A NOTE ON OPTIONS CALLED AWAY UPDATED), (NFLX), (SLB), (USO)
"I can calculate the motions of heavenly bodies, but never the madness of crowds," said Sir Isaac Newton, the inventor of calculus and discoverer of Newton's Laws who lost his entire fortune in a 17th century investment scam called "the South Sea Bubble."
Global Market Comments May 4, 2026 Fiat Lux Featured Trades: (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or MY LONG COMMUTE), (SPY), (TLT), (QQQ), (IWM), (AAPL), (AXP), (BAC), (KO), (CVX), (BRK/B), (XOM), (SLB), (NFLX), (NVDA), (AMD), (MU), (INTC), ($VIX), (GOOGL), (AAPL), (TSLA), (XLP), (XLI)
“Of the 60 years I have been investing, only five of them have been really juicy,” said Oracle of Omaha Warren Buffett.
Global Market Comments May 1, 2026 Fiat Lux Featured Trades: (IF YOU SELL IN MAY AND GO AWAY, WHAT TO DO IN APRIL?) (SPX), ($INDU)
“The only surprise to me is that so many people were surprised,” said Nobel Prize winning economist Joseph Stiglitz, about the financial crisis he predicted.
