Come join me for lunch at the?Mad Hedge Fund Trader?s?Global Strategy luncheon, which I will be conducting in Milan, Italy on Wednesday, July 22, 2015. 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, currencies, commodities, precious metals and
I write this to you from my double suite on the Orient Express crossing the Swiss Alps. My manservant, Charles, is off fetching a cup of tea and steam pressing my white dinner jacket for tonight?s luxury soiree. Customs at London?s Heathrow airport was a breeze, and the new express train whisked me into Paddington
?If they don?t screw things up in Washington, stocks here are undervalued. If they do, then stocks are overvalued,? said hedge fund manager, David Tepper, of Appaloosa Management.
Global Market Comments July 13, 2015 Fiat Lux Featured Trade: (REPORT FROM VENICE), (AN EVENING WITH TRAVEL GURU ARTHUR FROMMER)
If you ever need someone to owe you a big favor, make sure it is the world?s best hotel. That is what I discovered when I checked into the legendary Cipriani Hotel in Venice, Italy. I had booked their cheapest room at $1,500 a day. Due to a screw up on the reservations, I learned
?If you can?t make yourself loved, make yourself feared,? said Meyer Amschel Rothschild, founder of the banking dynasty.
Global Market Comments July 10, 2015 Fiat Lux Featured Trade: (THE FALLING MARKET FOR KIDS), (HOLLYWOOD CASHES IN ON WALL STREET TROUBLES), (THOUGHTS AT SEA ABOARD THE QE2-PART I)
?For several decades on Wall Street, the short term sensibility has been encouraged and compensated very highly,? said Michael Lewis, author of ?The Big Short.?
Global Market CommentsJuly 9, 2015Fiat Lux Featured Trade:(AUGUST 3 ZURICH, SWITZERLAND GLOBAL STRATEGY LUNCHEON)(THE ULTRA BULL ARGUMENT FOR GOLD),(GLD), (GDX), (ABX), (SLV),(PLAY CHINA?S YUAN FROM THE LONG SIDE),(CYB), ($SSEC), (EEM) SPDR Gold Trust (GLD)Market Vectors ETF Trust - Market Vectors Gold Miners ETF (GDX)Barrick Gold Corporation (ABX)iShares Silver Trust (SLV)WisdomTree Trust - WisdomTree Chinese Yuan
One of the oldest games in the foreign exchange market is to always buy the currencies of strong countries that are growing and to sell short the currencies of the weak countries that are shrinking. Any doubts that China?s Yuan is a huge screaming buy should have been dispelled when news came out that exports
Global Market CommentsJuly 8, 2015Fiat Lux EMERGENCY OIL ISSUE Featured Trade:(SPECIAL UPDATE ON THE OIL COLLAPSE),(USO), (XOM), (OXY), (COP), (LINE) United States Oil Fund LP (USO)Exxon Mobil Corporation (XOM)Occidental Petroleum Corporation (OXY)ConocoPhillips (COP)Linn Energy, LLC (LINE) ? The Middle East is a miserable place to be during Ramadan, a month where the faithful reevaluate their
Global Market Comments July 8, 2015 Fiat Lux Featured Trade: (JULY 31 ZERMATT, SWITZERLAND GLOBAL STRATEGY SEMINAR) (THE TWO CENTURY DOLLAR SHORT), (CNN?S JOHN LEWIS; THE DEATH OF A COLLEAGUE)
Global Market CommentsJuly 7, 2015Fiat Lux Featured Trade:(MY BRIEFING FROM THE JOINT CHIEFS OF STAFF), (XLK),(WHY THE JGB MARKET MAY BE READY TO COLLAPSE),(FXY), (DXJ), (EWJ) The Select Sector SPDR Trust - The Technology Select Sector SPDR Fund (XLK) CurrencyShares Japanese Yen Trust (FXY)WisdomTree Trust - WisdomTree Japan Hedged Equity Fund (DXJ)iShares, Inc. - iShares
Global Market CommentsJuly 6, 2015Fiat Lux SPECIAL GREEK DEFAULT ISSUE Featured Trade:(CASHING IN ON THE GREEK CRISIS),(SPY), (TLT), (VIX), (FXE), (FXY), (GLD), (SLV) SPDR S&P 500 ETF Trust (SPY)iShares Trust - iShares 20+ Year Treasury Bond ETF (TLT)VOLATILITY S&P 500 (^VIX)CurrencyShares Euro Trust (FXE)CurrencyShares Japanese Yen Trust (FXY)SPDR Gold Trust (GLD)iShares Silver Trust (SLV)
Try as I may, there is absolutely no way to escape a financial crisis in the modern world anymore, not even in the dusty, remote Western Sahara village of Taghazout, Morocco. There is an Ebola Virus outbreak 1,000 miles to the south, and 35 British tourists were massacred on a beach in neighboring Tunisia last
Global Market Comments July 6, 2015 Fiat Lux Featured Trade: (JULY 22 MILAN, ITALY GLOBAL STRATEGY LUNCHEON) (THE SOLAR ROAD REVISITED)
?The Solar Road Revisited?. Somehow this modernized version of Bob Dylan?s epic folk album doesn?t quite ring true when couched in terms of our hyper accelerating 21st century technology. Perhaps a Millennial bard will improve on this in the future on iTunes, Pandora, and Beats, of course? Yet, such a futuristic invention has already been
Global Market CommentsJuly 2, 2015Fiat Lux Featured Trade:(JULY 13 MARRAKESH, MOROCCO GLOBAL STRATEGY LUNCHEON)(WHERE THE ECONOMIST BIG MAC INDEX FINDS CURRENCY VALUE),(FXF), (FXY), (FXA), (FXE), (CYB)(CATCHING UP WITH DOWNTON ABBEY),(TESTIMONIAL) CurrencyShares Swiss Franc Trust (FXF)CurrencyShares Japanese Yen Trust (FXY)CurrencyShares Australian Dollar Trust (FXA)CurrencyShares Euro Trust (FXE)WisdomTree Trust - WisdomTree Chinese Yuan Strategy Fund (CYB)
Come join me for lunch for the?Mad Hedge Fund Trader?s?Global Strategy luncheon, which I will be conducting in Marrakesh, Morocco on Monday, July 13, 2015. 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, currencies, commodities, precious metals, and
Global Market Comments July 1, 2015 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE JULY 2 LISBON, PORTUGAL GLOBAL STRATEGY LUNCHEON) (THE BEST FINANCIAL BOOK EVER), (A DAY WITH TOM FRIEDMAN OF THE NEW YORK TIMES)