Have you tried to hire a sewing machine operator lately? I haven’t, but I have friends running major apparel companies who have (where do you think I get all those tight-fitting jeans?). Guess what? There aren’t any to be had. Since 1990, some 77% of the American textile workforce has been lost, when China joined
Those of you counting on getting your old union assembly line job back in Detroit can forget it. The eight-year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the U.S. in professional and business services, followed by 4 million health care and social assistance jobs, while
Global Market Comments May 28, 2019 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, OR HERE COMES THE HEAD AND SHOULDERS TOP)
I was perusing hundreds of charts over the weekend as I usually do looking for great trading insights when what I saw stunned, frightened, and gobsmacked me. A “Head and Shoulders” top is setting up for the major stock market indexes. Take a look at the charts below and you will see it is clear
Global Market Comments May 27, 2019 Fiat Lux SPECIAL MEMORIAL DAY ISSUE Featured Trade: (A TRIBUTE TO A TRUE VETERAN)
Global Market Comments May 24, 2019 Fiat Lux Featured Trade: (MONDAY JULY 8 VENICE, ITALY GLOBAL STRATEGY LUNCHEON) (FROM THE FRONT LINE OF THE TRADE WAR) (SPY), (AAPL), (TLT)
Poke your hand into a hornet's nest and you can count on an extreme reaction, a quite painful one. As California is the growth engine for the entire US economy, accounting for 20% of US GDP, it is no surprise that it has become the primary target of Chinese retaliation in the new trade war.
Global Market Comments May 23, 2019 Fiat Lux Featured Trade: (TUESDAY, JUNE 25 SYDNEY, AUSTRALIA STRATEGY LUNCHEON) (DINING WITH THE BOTTOM 20%)
Global Market Comments May 22, 2019 Fiat Lux SPECIAL ARTIFICIAL INTELLIGENCE ISSUE Featured Trade: (HERE’S AN EASY WAY TO PLAY ARTIFICIAL INTELLIGENCE), (BOTZ), (NVDA), (ISRG) (FRIDAY, JULY 5 CAIRO, EGYPT GLOBAL STRATEGY DINNER)
We are now in the throes of a market correction that could last anywhere from a couple of more week to a couple of months. So, generational opportunities are starting to open up in some of the best long term market sectors. Suppose there was an exchange-traded fund that focused on the single most important
Global Market Comments May 21, 2019 Fiat Lux Featured Trade: (TUESDAY JULY 2 NEW DELHI INDIA STRATEGY LUNCHEON), (REPORT FROM THE 2019 LAS VEGAS SALT CONFERENCE)
There is no doubt that the Bellagio Hotel in Las Vegas took on a different character during the first week of May. Walking out to the pool I ran into David Rubenstein wearing his fancy jogging outfit. He is a co-founder of the Carlyle Group, the world’s preeminent private equity fund. I listened in on
“Your margin is my opportunity.” – Said Founder and CEO of Amazon Jeff Bezos
Global Market Comments May 20, 2019 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, OR I’LL TAKE SOME OF THAT!) (FXI), (CYB), (TSLA), (AAPL), (BA), (WMT), (TLT), (INTU), (GOOGL)
Whatever the market is drinking right now, I’ll take some of that stuff. If you could bottle it and sell it, you’d be rich. Certainly, the Viagra business would go broke. To see the Dow average only give up 7% in response to the worst trade war in a century is nothing less than stunning.
Global Market Comments May 17, 2019 Fiat Lux Featured Trade: (APRIL 15 BIWEEKLY STRATEGY WEBINAR Q&A), (MSFT), (GOOGL), (AAPL), (LMT), (XLV), (EWG), (VIX), (VXX), (BA), (TSLA), (UBER), (LYFT), (ADBE), (HOW TO HANDLE THE FRIDAY, MAY 17 OPTIONS EXPIRATION), (INTU),
Below please find subscribers’ Q&A for the Mad Hedge Fund Trader May 15 Global Strategy Webinar with my guest and co-host Bill Davis of the Mad Day Trader. Keep those questions coming! Q: Where are we with Microsoft (MSFT)? A: I think Microsoft is really trying to bottom here. It’s only giving up $8 from its recent high, that's why
Global Market Comments May 16, 2019 Fiat Lux Featured Trade: (WHY US BONDS LOVE CHINESE TARIFFS), (TLT), (TBT), (SOYB), (BA), (GM) (THE BEST TESTIMONIAL EVER)
"Diversification is the only free lunch," - said David F. Swensen, the legendary fund manager at Yale University.
Global Market Comments May 15, 2019 Fiat Lux (SPECIAL CHINA ISSUE) Featured Trade: (WHY CHINA IS DRIVING UP THE VALUE OF YOUR TECH STOCKS) (QCOM), (AVGO), (AMD), (MSFT), (GOOGL), (AAPL), (INTC), (LSCC)