25 or 50? It's Fed Week, and futures markets are already indicating that overnight funds will drop from 5.25% to 3.0% by June. That amounts to two 50 basis point cuts and five 25 basis point cuts over the next seven Fed meetings. If you think that’s overdone, when reality kicks in, you could get
“Happiness is having a large, loving, caring, close-knit family in another city,” said the comedian, George Burns, who lived to over 100.
Global Market Comments September 13, 2024 Fiat Lux Featured Trade: (The Mad SEPTEMBER traders & Investors Summit is ON!) (SEPTEMBER 13 BIWEEKLY STRATEGY WEBINAR Q&A), (USO), (UUP), (FXA), (FXE), (FXC), (FXB), (DJT), ($INDU), (JPM), (BRK), (TSLA), (NVDA), (IBM), (CCJ), (BRK/B)
The Fed has stopped raising interest rates, inflation is falling, and tech stocks are on fire! What should you do about it? Attend the Mad Hedge Traders & Investors Summit from September 17-19. Learn from 20 of the best professionals in the market with decades of experience and the track records to prove it. Every strategy
Below please find subscribers’ Q&A for the September 11 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Lake Tahoe Nevada. Q: Will the Fed cut by 50 basis points at their next meeting? A: The probability of that happening actually dropped by about half with the warm CPI report this morning with core CPI
“Half of the global economy is in recession. Euroland is, Russia certainly is, and all of South America is. Add them all up, and North America is the only decent 2.5% growth area in the world. Rates are going down, not only because of the absence of global growth, but because inflation is very, very
Global Market Comments September 12, 2024 Fiat Lux Featured Trade: (The Mad SEPTEMBER traders & Investors Summit is ON!) (THE 13 NEW TRADING RULES FOR 2025)
I’m sitting here at my Lake Tahoe lakefront mansion watching the Dow Average open down 700 points from its Friday intraday high. It is one of those perfect picture postcard days, with a blue sky and cobalt lake. The fields outside are covered with snow crystals sparkling in the sunshine. In these heart-stopping trading conditions,
Global Market Comments September 11, 2024 Fiat Lux Featured Trade: (TESTIMONIAL) (WHY DOCTORS, PILOTS, AND ENGINEERS MAKE TERRIBLE TRADERS)
Hello John! Enclosed please find a bonus check for $10,000 on top of my regular Concierge fee. I have done so well this year I feel I owe it to you. I look forward to our next meeting. I’m hoping to finish up my paperwork so I can focus on full-time trading. My intention is
At my last Global Strategy Luncheon, I had the pleasure of sitting next to an anesthesiologist who was a long-time reader of my research. As much as he loved my service, he confided in me that his trading results were awful. I told him I knew why. Doctors, scientists, aircraft pilots, and even anesthesiologists all
"Only losers average losers," said my friend and former client, trading legend Paul Tudor Jones.
Global Market Comments September 10, 2024 Fiat Lux Featured Trade: (IF YOU SELL IN MAY AND GO AWAY, WHAT TO DO IN SEPTEMBER?) (ONSHORING: THE NEW GLOBAL TREND)
That is the conundrum facing traders, investors, and individuals as we enter the home stretch for the year. For some hedge fund managers, Q3 2024 is clearly turning into the quarter from hell. I have been in the market for almost six decades, long enough to collect an encyclopedia's worth of words of wisdom. One
By now, we have all become experts in offshoring, the practice whereby American companies relocate manufacturing jobs overseas to take advantage of low wages, missing unions, the lack of regulation, and the paucity of environmental controls. The strategy has been by far the largest source of new profits enjoyed by big companies for the past
“The only surprise to me is that so many people were surprised,” said Nobel Prize winning economist Joseph Stiglitz, about the financial crisis he predicted.
Global Market Comments September 9, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or SEPTEMBER LIVES UP TO ITS REPUTATION) (COPX), (USO), (ARE), (UUP), (TLT), (JNK), (GLD), (SPY), (NASD), ($VIX)
One of my Concierge clients holds a weekly staff meeting. Each employee is told his family is being held hostage and can only be rescued if they recommend the top-performing stock for the coming week. Then everyone throws in their two cents worth. Last week, for the first time in the company’s history, no one
“Over the long term, all of the fiat currencies of the world are involved in a competitive devaluation. The structural stresses in most of the western economies are such that central banks will attempt to continue to substitute liquidity for solvency,” said Rick Rule, director, president and CEO of Sprott U.S. Holdings, a precious metals
Global Market Comments September 6, 2024 Fiat Lux Featured Trade: (ANOTHER CRYPTO VICTIM BITES THE DUST)