So, how will the trade war end? It could be the crucial trading call of 2018. "That which can't continue, won't," I paraphrase the noted economist Herbert Stein. I think that logic neatly applies to our global trade wars today. In 1970, some 25% of world GDP was accounted for by international trade. Today it
If you ever need someone to owe you a big favor, make sure it is the world's best hotel. That is what I discovered when I checked into the legendary Cipriani Hotel in Venice, Italy. I had booked its cheapest room at $1,500 a day. Due to a screwup on the reservations, I learned to
"If you can't make yourself loved, make yourself feared," said Mayer Amschel Rothschild, founder of the banking dynasty.
Global Market Comments July 26, 2018 Fiat Lux AMAZON SPECIAL REPORT Featured Trade: (SO WHERE DID THOSE AMAZON EARNINGS REALLY COME FROM AND WHERE ARE THEY GOING?), (AMZN), (WMT)
Amazon earnings come out after the close today so it's a good time to bone up on the history of the online retail giant. Forewarned is to be forearmed. Is to time to cash in on the huge profits you have already attained or is it time to load the boat some more? Jeff Bezos,
"Life is too short to hang out with people who aren't resourceful," said Jeff Bezos, the founder of Amazon.
Global Market Comments July 25, 2018 Fiat Lux Featured Trade: (JOIN US AT THE MAD HEDGE LAKE TAHOE, NEVADA CONFERENCE, OCTOBER 26-27, 2018), (WHY YOU MISSED THE TECHNOLOGY BOOM AND WHAT TO DO ABOUT IT NOW), ($INDU), (TLT), (GLD), (GOOGL), (FB), (AAPL), (NVDA), (MSFT), (AMZN)
"The stock market is one of those things that looks better the more expensive it gets," said Barbara Marcin, portfolio manager of the Gabelli Dividend Growth Fund.
Global Market Comments July 24, 2018 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE JULY 27 ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR), (THE BEST COLLEGE GRADUATION GIFT EVER), (TESTIMONIAL)
Come join me for afternoon tea at the Mad Hedge Fund Trader's Global Strategy Seminar, which I will be conducting high in the Alps in Zermatt, Switzerland, at 2:00 PM on Friday, July 27, 2018. An open discussion on the crucial issues facing investors today will take place. Coffee, tea, and schnapps will be made
"The three most harmful addictions are heroin, carbohydrates, and a monthly salary," said my friend Nassim Taleb, author of Antifragile: Things That Gain from Disorder.
Global Market Comments July 23, 2018 Fiat Lux Featured Trade: (FRIDAY, AUGUST 3, 2018, AMSTERDAM, THE NETHERLANDS GLOBAL STRATEGY DINNER), (THE MARKET OUTLOOK FOR THE WEEK AHEAD, or IT'S SUDDENLY BECOME CRYSTAL CLEAR), (SPY), (TLT), (QQQ), (AMZN), (MSFT), (MU), (LRCX), (REPORT FROM THE ORIENT EXPRESS)
Maybe it's the calming influence of the sound of North Atlantic waves crashing against the hull outside my cabin door for a week. Maybe it was the absence of an Internet connection for seven days, which unplugged me from the 24/7 onslaught of confusing noise. But suddenly, the outlook for financial markets for the rest
Global Market Comments July 20, 2018 Fiat Lux Featured Trade: (AN EVENING WITH TRAVEL GURU ARTHUR FROMMER), (THE MAD HEDGE DICTIONARY OF TRADING SLANG)
Global Market Comments July 19, 2018 Fiat Lux Featured Trade: (FRIDAY, JULY 27, 2018, ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR), (THOUGHTS AT SEA ABOARD THE QUEEN MARY 2, PART III), (TESTIMONIAL)
50 degrees, 26.68 minutes North, 022 degrees, 29.98 minutes East, or 1,000 nautical miles South of Iceland, heading 089 degrees. Four days of hearing foghorns is starting to get tiring. Captain Wells has been ducking many of his social responsibilities, feeling more secure in the bridge close to the radar. After a few days of
Thanks John...rough ride out of the gates here...but I wouldn't want to be riding with anyone but you...you are my life raft in this treacherous world of investing, and thank you for being who you are and for all that you do. Take care, Greg Agoura, California
Global Market Comments July 18, 2018 Fiat Lux Featured Trade: (WHY THE "UNDERGROUND" ECONOMY IS GROWING SO FAST), (THOUGHTS AT SEA ABOARD THE QUEEN MARY 2, PART II)
48 degrees, 02.12 minutes North, 043 degrees, 42.08 minutes East, or 1,000 miles south of Greenland. When I visited the computer center, I was stunned to learn that they were offering classes on Apple products and programs every hour, all day long. They covered iMacs, iPads, iPods, iPhones, and all of the associated software and
Global Market Comments July 17, 2018 Fiat Lux (WHERE THE ECONOMIST "BIG MAC" INDEX FINDS CURRENCY VALUE), (FXF), (FXE), (FXA), (FXY), (CYB), (CATCHING UP WITH DOWNTON ABBEY), (TESTIMONIAL)