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)
I decided to flee the madness in London for a day and visit some old friends in the countryside, the 8th Earl and Countess of Carnarvon. The late 7th Earl was an early investor in my first hedge fund, and I have kept in touch with the family ever since. His grandfather, the 5th Earl
A belated thank you for the time you provided to all of us at the Las Vegas Strategy Luncheon back in May. My apologies for not submitting a prompter response. I am the Air Force C-17 pilot from Seattle; you graciously gave me additional time on your walk back to the room during the SALT
Global Market Comments July 16, 2018 Fiat Lux Featured Trade: (THE BEST FINANCIAL BOOK EVER), (A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES), (THOUGHTS AT SEA ABOARD THE QUEEN MARY 2, PART I)
Location: 48 degrees, 02.12 minutes North, 043 degrees, 42.08 minutes East, or 1,421 nautical miles ENE of New York. The Queen Mary 2 is currently plowing its way through a massive fog bank a thousand miles thick, sounding the foghorn every two minutes. Visibility is less than 100 yards, and the waves are a rough
Global Market Comments July 13, 2018 Fiat Lux Featured Trade: (FRIDAY, AUGUST 3, 2018, AMSTERDAM, THE NETHERLANDS GLOBAL STRATEGY DINNER), (NOTICE TO MILITARY SUBSCRIBERS), (CHINA'S COMING DEMOGRAPHIC NIGHTMARE)
"I'd much rather have the Wicked Witch of the East go away. We'd be way better off if we ended quantitative easing real fast so this scapegoat can get behind us," said Ken Fisher of Fisher Investments.
Global Market Comments July 12, 2018 Fiat Lux Featured Trade: (FRIDAY, JULY 27, 2018, ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR), (AMERICA'S NATIVE INDIAN ECONOMY)
When I was remodeling my 160-year-old London house, the chimney was in desperate need of attention. After the bricklayer crawled up the fireplace, he found a yellowed and somewhat singed envelope addressed to Santa Claus. Thinking it was placed there by my kids, he handed it over to me. In it was a letter penned
"There's a lot of performance anxiety out there right now. There's nothing worse than sitting on cash watching a market go up double digits," said Tom Lee, former chief U.S. equity strategist of J.P. Morgan.
Global Market Comments July 11, 2018 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE MONDAY, JULY 16, 2018, PARIS, FRANCE GLOBAL STRATEGY LUNCHEON), (THE PASSING OF A GREAT MAN)
Come join me for lunch at the Mad Hedge Fund Trader's Global Strategy Luncheon, which I will be conducting in Paris, France, on Monday, July 16, 2018. A three-course lunch will be followed by an extended question-and-answer period. I'll be giving you my up-to-date view on stocks, bonds, foreign currencies, commodities, precious metals, energy, and
It was with a heavy heart that I boarded a plane for Los Angeles a few years ago to attend a funeral for Bob, the former scoutmaster of Boy Scout Troop 108. The event brought a convocation of ex-scouts from up and down the West Coast and said much about our age. Bob, 85, called