Global Market Comments May 2, 2016 Fiat Lux Featured Trade: (HOW THE REST OF 2016 WILL PLAY OUT IN THE MARKETS), (SPY), (QQQ), (IWM), (GLD), (UUP), (KISS THAT UNION JOB GOODBYE), (TESTIMONIAL) SPDR S&P 500 ETF (SPY) PowerShares QQQ ETF (QQQ) iShares Russell 2000 (IWM) SPDR Gold Shares (GLD) PowerShares DB US Dollar Bullish ETF
Down, then up, then up some more. That?s all you need to know. The stock market will mirror the economy with a three-month lag, as it always does. That calls for a 10% correction in stocks from the recent $2100 peak going into the summer, then a monster rally to new highs going into the
Those of you counting on getting your old union assembly line job back in Detroit can forget it.The eight year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the US in professional and business services, followed by 4 million health care and social assistance jobs, while
Going to renew my membership today because you provide great ideas. I think you have a lot of integrity in your messages.? We may not agree politically, but you have nailed many of the concepts you shepherd.? I have become a fan and look forward to your writing every day.Don Cleveland, OhioI?m Such a Saint!
Global Market Comments April 29, 2016 Fiat Lux SPECIAL REIT ISSUEFeatured Trade: (THE DEATH OF THE MALL), ? (SPG), (MAC), (TCO) Simon Property Group Inc. (SPG) The Macerich Company (MAC) Taubman Centers, Inc. (TCO)?
We?ve all heard this story before. Malls are dying. Commerce is moving online at breakneck pace. Investing in retail is a death wish. No less a figure than Bill Gates, Senior told me that in a decade malls would only be inhabited by climbing walls and paintball courses, and that was a decade ago. Except
"There is tremendous amounts of money sitting on the sidelines. There is enormous M&A activity. The greatest thinkers in the corporate world are saying that it is cheaper to buy than to build. This says to me that the stock market still has value in it. We?re a long way from expensive,? said Milton Ezrati,
Global Market Comments April 28, 2016 Fiat Lux Featured Trade: (JUMPING BACK INTO APPLE), (AAPL), (THE SECOND AMERICAN INDUSTRIAL REVOLUTION), (INDU), (SPY), (QQQ), (GLD), (DBA), (TSLA), (GOOGL), (XLK), (IBB), (XLE) Dow Jones Industrial Average (^DJI) SPDR S&P 500 ETF (SPY) PowerShares QQQ ETF (QQQ) SPDR Gold Shares (GLD) PowerShares DB Agriculture ETF (DBA) Tesla Motors,
I have been holding back from buying Apple shares (AAPL) for the past 10 months, since back in June, 2015, the last time the shares peaked at $132.50. That was when the stock fully discounted the launch of the iPhone 6s, it's last blockbuster product. I knew then that the company was about to enter
Circulating among Europe's top global strategists this spring, visiting their corner offices, camping out in their vacation villas, or cruising on their yachts, I am increasingly hearing about a new investment theme that will lead markets for the next 20 years: The Second American Industrial Revolution.It goes something like this.You remember the first Industrial Revolution,
"The Fed is not worried about inflation in the next few years and wants growth first, growth second, and growth third. With the stabilization of Europe, the apparent pick up in China, and a US economy still on a reasonable footing, the Fed's heavy leaning to a growth policy should lead to a pretty favorable
Global Market Comments April 27, 2016 Fiat Lux Featured Trade: (HEARD ON THE ROAD PART II), (CONTANGO IN THE (UVXY) EXPLAINED ONE MORE TIME), (UVXY), (VIX), (VXX), (SPY), (TESTIMONIAL) ProShares Ultra VIX Short-Term Futures (UVXY) VOLATILITY S&P 500 (^VIX) iPath S&P 500 VIX ST Futures ETN (VXX) SPDR S&P 500 ETF (SPY)
New York City was as alive as I have ever seen it. Maybe it was because it was the beginning of spring and the residents were venturing outdoors for the first time this year, their eyes blinking in the bright sunlight. Old neighborhoods are gentrifying at an incredible rate. At this pace there won?t be
It was great seeing you today in Atlanta. Thank you for just being you. As I mentioned, there's so much "crap" out there that's it's so nice to just hear it straight. Several years ago I finally realized it just doesn't matter what I think, only what is (although I still cringe sometimes). That's the
?The barriers to Wall Street are quite low, once you have the Ivy League credentials. If you?re a certain kind of kid who doesn?t actually know anything about anything, Wall Street is still a great place to go,? said Michael Lewis, author of ?The Big Short.?
Global Market Comments April 26, 2016 Fiat Lux Featured Trade: (APRIL 27 GLOBAL STRATEGY WEBINAR), (HEARD ON THE ROAD PART I), (IT?S ALL ABOUT YIELD), (SPY) SPDR S&P 500 ETF (SPY)
Every Global Strategy Luncheon was a real blast. It?s as if the dozen smartest people in each city got together to exchange notes and jokes. They then formed their own local community of Mad Hedge Fund Trader followers. I love doing these things. Last year, my flight to Houston cost $600. This year it was
If you are an investor, trader, or financial advisor, there is only one word in the English language today: Yield That is my conclusion after speaking to readers on my 12 day, 11 state, 8 city US tour. Having underperformed the indexes and posted negative returns for the last two years, many money managers are
?He worked as if he would live forever. He lived as if he would die tomorrow?, said a note found in Franklin Delano Roosevelt?s private papers after he died.?
Global Market Comments April 25, 2016 Fiat Lux Featured Trade: (WHY THE BULL MARKET HAS TWO YEARS TO RUN), (SPY), (TLT), (TESTIMONIAL), (QUANTITATIVE EASING EXPLAINED TO A 12 YEAR OLD) SPDR S&P 500 ETF (SPY) iShares 20+ Year Treasury Bond (TLT)?