“The individual investor in America sits at the bottom of the food chain,” said John C. Bogle, the late founder of the Vanguard Group of index funds.
Global Market Comments December 5, 2024 Fiat Lux Featured Trade: (LAUNCHING “TRADING OPTIONS FOR BEGINNERS”)
Not a day goes by without an email coming in asking if beginners can make use of my money making service. I always reply; “Absolutely.” When I first started the Diary of a Mad Hedge Fund Trader a 17 years ago, layoffs were rampant, General Motors was going bankrupt, and the financial crisis was imminent.
Global Market Comments December 4, 2024 Fiat Lux Featured Trade: (AMERICA’S DEMOGRAPHIC TIME BOMB)
You can never underestimate the importance of demographics in shaping long-term investment trends, so I thought I’d pass on these two highly instructive maps. The first shows a map of the world drawn in terms of the population of children, while the second illustrates the globe in terms of its 100-year-olds. Notice that China and
"The next leg of the bull market is going to have to be a fundamental leg, not a liquidity leg, and investors are in a little bit of a malaise trying to figure that out," said Anthony Scaramucci of Skybridge Capital.
Global Market Comments December 3, 2024 Fiat Lux Featured Trade: (THE MAD HEDGE DECEMBER TRADERS & INVESTORS SUMMIT IS ON!) (IT’S GROUNDHOG DAY) (LAUNCHING "TRADING OPTIONS FOR BEGINNERS” (SPY), (TLT), (TBT), (VIX), (VXX), (GLD), (SLV)
The election is over and a brave new world lies before us. But the Fed may soon stop raising interest rates, inflation is rising, and tech stocks are flat-lining! Can a stock market crash be far behind? What should you do about it? Attend the Mad Hedge Traders & Investors Summit from December 3 - 5.
It is always the sign of a great hedge fund manager when he makes money while he is wrong. I have seen this throughout my life, trading with clients and friends like George Soros, Julian Robertson, Paul Tudor Jones, and David Tepper. And wrong I certainly was in 2024. I thought Trump would lose the
Global Market Comments November 29, 2024 Fiat Lux Featured Trade: (The Mad DeCEMBER traders & Investors Summit is ON!) (CHINA’S VIEW OF CHINA), (FXI), (BIDU), (BABA), (JD)
There was so much enthusiasm for China only a month ago. A stimulus package was announced, a massive short-covering rally ensured, and finally, after a three-year hiatus, China was back in play. Several hedge funds announced major commitments to the Middle Kingdom. Here we are only three weeks after the US presidential election, and China
Global Market Comments November 27, 2024 Fiat Lux Featured Trade: (THE REAL ESTATE CRASH COMING TO A MARKET NEAR YOU), (THE FALLING MARKET FOR KIDS)
Hardly a day goes by when a reader doesn’t ask me when the Australian real estate bubble is going to burst. They are right to be concerned. In the table below, Sydney is ranked as the second most expensive market in the world at 12.2 times the local median pre-tax household annual income. It is
Until the 19th century, children used to provide income and security for their parents as they worked on the family farm. That dynamic continued when industrialization brought families into the cities and kids into the factories. Since then, children have been a great short. A hundred years of state-mandated education and child labor laws increased
Global Market Comments November 26, 2024 Fiat Lux Featured Trade: (TRADING THE KENNEDY ASSASSINATION)
Passing through Dallas, Texas on the way to a previous Mad Hedge Strategy Luncheon a few years ago, I couldn’t help but remember the assassination of President John F. Kennedy on November 22, 1963, some 57 years ago today. The tragedy offers valuable lessons for today’s traders, although we have to travel a somewhat circuitous
"Ask not what your country can do for you, but what you can do for your country," said John F. Kennedy, America's 35th president.
Global Market Comments November 25, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or WHAT TO DO ABOUT NVIDIA), plus THE WORLD’S WORST INVESTOR), (NVDA), (GLD), (JPM), (JPM), (NVDA), (BAC), (C), (CCJ), (MS), (BLK) (TSLA), (TLT)
Boy, did I make the right move going into the election? I always have a propensity to reduce risk going into a major event. Let the newbies stick their necks out. I’ll collect the low-hanging fruit afterward while trampling over their bodies. As they used to say at Morgan Stanley, “It’s the pioneers who get
“Wars are easier to get into than to get out of,” said former Secretary of Defense, Robert M. Gates.