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)
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)
I have been warning readers for years about the dangers inherent in crypto investment. Even if you get the direction right, there is a high probability that your platform will steal your money, or someone pretending to be your platform. Below is the story of a long-time reader that I only just learned about. “Here
“There is no sign of a recession anywhere,” a major bank economist told me in September 2007.
Global Market Comments September 5, 2024 Fiat Lux Featured Trade: (COFFEE WITH RAY KURZWEIL) (GOOG)
After spending better than a half-century in the investment business, I see all decisions boiling down to a single issue: Artificial Intelligence. Speaking to people at the local PTA, American Legion, the VFW, the Commonwealth Club, people sitting next to me at high school football games, and even my own readers, this is the impression
Global Market Comments September 4, 2024 Fiat Lux Featured Trade: (I HAVE A NEW OPENING FOR THE MAD HEDGE FUND TRADER CONCIERGE SERVICE) (TESTIMONIAL)
Global Market Comments September 3, 2024 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD or THE HIDDEN AI IN YOUR LIFE), (SPX), (NVDA), (CSCO), (LEN), (DHI), (KBH), (SMCI), (BRK/B), (META), (AAPL), (GOOGL), (TSLA), (JNK), (HYG), (FXA), (FXE), (FXB), (FXC), (EEM), (IWM)
It's great to be back in California, even just temporarily. Driving down to visit a Concierge client, the weather is hot and dry, the scenery is spectacular. What were once endless hills of dry grass are now countless miles of vineyards. Boy, has the Golden State changed a lot since 1952. The vines are heavy