Some 40 years ago, when I was a biotechnology student at UCLA, a handful of graduate students speculated about how dangerous our work really was.It only took us an hour to figure out how to synthesize a microbe that had a 99% fatality rate, was immune to antibiotics, and was so simple it could be
?It?s not like stocks are so compelling. It?s that there is nowhere else to put your cash. There?s a ton of capital coming in here. When it feels this easy, it?s usually time to be cautious,? said Barry Sternwood, CEO of the Starwood Capital Group.
Global Market Comments December 27, 2015 Fiat Lux SPECIAL ISSUE ABOUT THE FAR FUTURE Featured Trade: (PEEKING INTO THE FUTURE WITH RAY KURZWEIL), (GOOG), (INTC), (AAPL), (TXN) Alphabet Inc. (GOOG) Intel Corporation (INTC) Apple Inc. (AAPL) CBOE Interest Rate 10 Year T No (^TNX)
This is the most important research piece you will ever read, bar none. But you have to finish it to understand why. So, I will get on with the show.I have been hammering away at my followers at investment conferences, webinars, and strategy luncheons this year about one recurring theme. Things are good, and about
?The future ain?t what it used to be,? said the former New York Yankees baseball manager, Yogi Berra.
Global Market Comments December 26, 2016 Featured Trades: ?(A CHRISTMAS STORY), (MY FAVORITE SECRET ECONOMIC INDICATOR)
When I was growing up in Los Angeles during the fifties, the most exciting day of the year was when my dad took me to buy a Christmas tree.With its semi desert climate, Southern California offered pine trees that were scraggly, at best, and we didn?t want to chop down the view that we had.So
?This isn?t a choice between vanilla and chocolate folks, it?s all rocky road: a few marshmallows to get you excited before the elections, but with a lot of nuts to ruin the aftermath,? said the ever insightful, Bill Gross, at PIMCO.
Global Market Comments December 23, 2016 Fiat Lux Featured Trade: (THE EIGHT WORST TRADES IN HISTORY), (TESTIMONIAL)
First and foremost, thank you for what you do.The small cost of this newsletter pays for itself a thousand times over. My returns mimic those of your portfolio for the year and for that I am grateful.?The only suggestion I would offer is to keep doing what you are doing. It is people like you
?Interest rates are the physical gravity of financial assets. The lower they are, the higher assets will levitate,? said Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, a leading hedge fund of funds. ??
Global Market Comments December 22, 2016 Fiat Lux Featured Trade: (REPORT FROM THE FROZEN WASTELANDS OF THE WEST)
I am writing this from a High Sierra peak at 12,000 feet in the dead of winter. It is 15 degrees and the wind is gusting at 70 miles an hour, turning by backpack into a sail and practically blowing me off the mountain. Over the side, the next stop is 1,000 feet below. I
Global Market Comments December 21, 2016 Fiat Lux Featured Trade: (THE BOND CRASH HAS ONLY JUST STARTED), ($TNX), (TLT), (TBT), (TESTIMONIAL) CBOE Interest Rate 10 Year T No (^TNX) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT)
When I was a little kid in the early 1950s, my grandfather used to endlessly rail against Franklin Delano Roosevelt. The WWI veteran, who was mustard gassed in the trenches of France and was a lifetime, died-in-the-wool Republican, said the former president was a dictator and a traitor to his class who trampled the constitution
Thanks to both of you for taking the time to answer me back. I am going to hang in there. I like your newsletter because the unbiased perspectives you share and the way in which you look at market opportunities in a realistic, factual manner.? I am just hoping to turn that advantage into profit
Global Market Comments December 20, 2016 Fiat Lux Featured Trade: (IS THERE A BITCOIN IN YOUR FUTURE?), (TESTIMONIAL)
I often am asked at lunches and speaking engagements whether people should be investing in bitcoin. My answer was always that it was a scam and to be avoided at all costs.I was vindicated when the value of the online cryptocurrency collapsed 74% from its peak, from $1,230 to $320 to the US dollar.After all,
?Nobody knew it was August, 1982 until it was August, 1984,? said Chris Verone, head of technical analysis at research boutique, Strategas.
Global Market Comments December 19, 2016 Fiat Lux SPECIAL END OF THE YEAR ISSUE Featured Trade: (GO LONG CHRISTMAS CHEER AND HOT BUTTERED RUM AKA A THANK YOU FROM THE MAD HEDGE FUND TRADER), (MY LAST RESEARCH PIECE OF THE YEAR)