I have just been retained by the British government to explore ways for the United Kingdom to remain within the European Community. Needless to say, this means that I will be extending my stay in London for an extra week, save for a brief jump across the Irish Sea for my Dublin Global Strategy Luncheon
Global Market Comments June 28, 2016 Fiat Lux Featured Trade: (THE BEST FINANCIAL BOOK EVER), (A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES), (THOUGHTS AT SEA ABOARD THE QE2-PART I)
Location: 48 degrees, 02.12 minutes North, 043 degrees, 42.08 minutes West, 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 12
?I can calculate the motions of heavenly bodies, but never the madness of crowds,? said Sir Isaac Newton, the inventor of calculus and discoverer of Newton?s Laws, who lost his entire fortune in a 17th century investment scam called ?the south Sea Bubble.?
Global Market Comments June 27, 2016 Fiat Lux SPECIAL BREXIT ISSUE Featured Trade: (LAST CHANCE TO ATTEND THE JUNE 29 DUBLIN, IRELAND GLOBAL STRATEGY LUNCHEON), (WHAT?S IN BREXIT FOR YOU?), (FXB), (FXE), (FXY), (TLT), (SPY), (UUP), (IBB), (PANW), (MSFT), (FB), (JNK) CurrencyShares British Pound Ster ETF (FXB) CurrencyShares Euro ETF (FXE) CurrencyShares Japanese Yen ETF
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy luncheon, which I will be conducting in Dublin, Ireland on Wednesday, June 29, 2016. 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,
From Your Correspondent in London The evening started out so hopefully. My old employer, the British Broadcasting Corporation, projected in bright lights, a running referendum tally on the side of the building in giant ten-foot tall numbers. When we went to bed, early results from the cities were showing a 52% to 48% margin in
Global Market Comments June 24, 2016 Fiat Lux SPECIAL TEN BAGGERS SERIES Featured Trade: (JULY 7 DUBROVNIK, CROATIA GLOBAL STRATEGY LUNCHEON), (THE TEN BAGGERS IN SOLAR ENERGY), (FSLR), (SPWR),(TSLA), (SCTY), (GOOG) First Solar, Inc. (FSLR) SunPower Corporation (SPWR) Tesla Motors, Inc. (TSLA) SolarCity Corporation (SCTY) Alphabet Inc. (GOOG)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy luncheon, which I will be conducting in Dubrovnik, Croatia, on Thursday, July 7, 2016. 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,
What we are seeing now is nothing less than the complete remaking of the American energy supply. It is a metamorphosis, just as, if not more, dramatic than the initial electrification of the United States launched by Thomas Edison in 1876. Think of it as a disruptive technology with a turbocharger. Eventually, the cost of
?The speed of change has accelerated tremendously. What used to happen in three years now happens in three months,? said my friend, Hewlett Packard CEO, Meg Whitman.
Global Market Comments June 23, 2016 Fiat Lux Featured Trade: (JULY 9 FLORENCE, ITALY GLOBAL STRATEGY LUNCHEON), (THE CHINA VIEW FROM 30,000 FEET), (FXI), (DBC), (DYY), (DBA), (PHO), (TRIBUTE TO A GIANT OF JOURNALISM, ROY ESSOYAN), (TESTIMONIAL) iShares China Large-Cap (FXI) PowerShares DB Commodity Tracking ETF (DBC) DB Commodity Double Long ETN (DYY) PowerShares DB
I had been filled with great sadness when I had learned of the passing of an old friend and mentor, Roy Essoyan, the former Tokyo bureau chief for the Associated Press.When I was a young, wet behind the ears financial journalist in Japan during the early seventies, Roy had the charity to take me under
?Japan has gone from Paul Volcker to Ben Bernanke overnight,? said legendary hedge fund manager, Stan Druckenmiller.
Global Market Comments June 22, 2016 Fiat Lux Featured Trade: (JULY 27 BASEL, SWITZERLAND GLOBAL STRATEGY LUNCHEON), (NOTICE TO MILITARY SUBSCRIBERS), (CHINA?S COMING DEMOGRAPHIC NIGHTMARE)
Thanks to China's ?one child only? policy adopted 30 years ago, and a cultural preference for children who grow up to become family safety nets, there are now 32 million more boys under the age of 20 than girls. Large scale interference with the natural male:female ratio has been tracked with some fascination by demographers
?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 June 21, 2016 Fiat Lux Featured Trade: (JULY 7 DUBROVNIK, CROATIA GLOBAL STRATEGY LUNCHEON), (AMERICA?S NATIVE INDIAN ECONOMY)
?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, chief US equity strategist of JP Morgan.
Global Market Comments June 20, 2015 Fiat Lux Featured Trade: (JUNE 29 DUBLIN, IRELAND GLOBAL STRATEGY LUNCHEON) (ARE JUNK BONDS PEAKING?), ?(JNK), (HYG), (A TOUCHDOWN FOR USC) SPDR Barclays High Yield Bond ETF (JNK) iShares iBoxx $ High Yield Corporate Bd (HYG)