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)
There is no happier corner of the fixed income universe than junk bonds (JNK), (HYG), which have been soaring like a bat out of hell recently.Average yields for the bond class most sensitive to the economy have collapsed from 18% to near an all-time low of 6.68%, a scant 483 basis points over ten year
One of my many alma maters, the University of Southern California announced that they had received their largest private donation in history.As a third generation alumni of this fanatical football factory (I went to school with Mark Harmon, Lynn Swan, and, oops, OJ Simpson), I still receive their alumni newsletter, where I learned the good
?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 June 17, 2016 Fiat Lux Featured Trade: (JULY 22 ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR), (DIAMONDS ARE STILL AN INVESTOR?S BEST FRIEND), (SO YOU THINK THEY?RE NOT WATCHING YOUR PC?)
Hey! You there, staring at this monitor. This is your PC talking to you. No, not you over there standing in the background. I?m talking to the guy sitting in front of me poking at my keys. Ouch! That one hurt!So you thought no one was watching, did you? Let me set you straight. About
?We are still in the gravitational pull of the Great Recession. I would have to put the likelihood of a double dip recession now up to 50%,? said my old UC Berkeley economics professor, Robert Reich.
Global Market Comments June 16, 2016 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE JUNE 20 LONDON STRATEGY LUNCHEON), (BE CAREFUL WHO YOU SNITCH ON), (COULD YOU QUALIFY TO BECOME A US CITIZEN?)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in London on Monday, June 20, 2016. A three course lunch will be provided.I?ll be giving you my up to date view on stocks, bonds, currencies commodities, precious metals, and real estate.And to keep you in
Buried in the Dodd-Frank financial reform bill are massive financial rewards for turning in your boss. The SEC is hoping that multimillion dollar rewards amounting to 10%-30% of sanction amounts will drive a stampede of whistleblowers to their doors with evidence of malfeasance and fraud by their employers.If such rules were in place at the
The coming Fourth of July celebration brings back memories of my late wife?s campaign to become an American citizen. She originally came from Japan.Part of the process required a verbal quiz about US history and government. Our family spent a year energetically prepping her, with nightly grillings over dinner about the most obscure details of
?If there were no way to short stocks, the probability of stock market bubbles would be much greater,? said hedge fund manager, Bill Ackman, of Pershing Square.
Global Market Comments June 15, 2016 Fiat Lux Featured Trade: (TRADING THE KENNEDY ASSASSINATION)
There is not a person alive my age who does not remember the assassination of President John F. Kennedy, on November 22, 1963, nearly 53 years ago.The tragedy offers valuable lessons for today?s traders, although we have to travel a circuitous route to get there.It was one of those epochal events, where people remember exactly
?Ask not what your country can do for you, but what you can do for your country,? said John F. Kennedy, America?s 35th president.?