Global Market Comments August 16, 2023 Fiat Lux Featured Trades: (TESTIMONIAL) (MY NEW ECONOMIC INDICATOR) CLICK HERE to download today's position sheet.
You really are the brightest most interesting and most intelligent man I and most certainly many have ever had the good fortune to be connected with!! We’re so glad you made it home safely! Thank you for your lifetime of service to humanity and for sharing your knowledge and experiences! I look forward to our
Here Comes the Heat-Induced Recession. Large parts of the UK economy are shutting down today, including the entire rail system, due to extreme heat. The temperature in London today is expected to top a record 107 degrees. Much of Britain’s infrastructure is simply not designed to operate at these temperatures. France is worse, with temperatures
Global Market Comments August 15, 2023 Fiat Lux Featured Trades: (THE TOP SIX CHINESE RETALIATION TARGETS), (AAPL), (GM), (WMT), (TGT), (BA), (SBUX), (CAT), (AND MY PREDICTION IS….) CLICK HERE to download today's position sheet.
Global Market Comments August 14, 2023 Fiat Lux Featured Trades: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE GREAT ROTATION OF 2023 IS ON) (AAPL), (TSLA), (NVDA), (GOOGL), (OXY), (QQQ), (TSLA), (WPM), (UNG), (BRK/B), (RIVN), (TLT) CLICK HERE to download today's position sheet.
What a difference a vacation makes! When I boarded the Queen Mary II in early July, big technology stocks (AAPL), (TSLA), (NVDA), (GOOGL) were on fire and knew no bounds, while bonds (TLT) were holding steady at a 3.40% yield. Energy stocks (OXY) were scraping the bottom. One month later and big tech is in
Global Market Comments August 11, 2023 Fiat Lux Featured Trades: (THE DEATH OF THE FINANCIAL ADVISOR) CLICK HERE to download today's position sheet.
About one-third of my readers are professional financial advisors who earn their crust of bread telling clients how to invest their retirement assets for a fixed fee. They used to earn a share of the brokerage fees they generated. After stock commissions went to near zero, they started charging a flat 1.25% a year on
Global Market Comments August 10, 2023 Fiat Lux Featured Trades: (WEDNESDAY, SEPTEMBER 6, 2023 SAN DIEGO, CALIFORNIA GLOBAL STRATEGY LUNCHEON) (HOW TO GAIN AN ADVANTAGE WITH PARALLEL TRADING), (GM), (F), (TM), (NSANY), (DDAIF), BMW (BMWYY), (VWAPY), (PALL), (GS), (EZA), (CAT), (CMI), (KMTUY), (KODK), (SLV), (AAPL) CLICK HERE to download today's position sheet.
One of the most fascinating things I learned when I first joined the equity trading desk at Morgan Stanley during the early 1980s was how to parallel trade. A customer order would come in to buy a million shares of General Motors (GM) and what did the in-house proprietary trading book do immediately? It loaded
Global Market Comments August 9, 2023 Fiat Lux Featured Trades: (THE US NATIVE AMERICAN ECONOMY) CLICK HERE to download today's position sheet.
Since the market is as dead as a doorknob, at least until tomorrow’s inflation report is out, I thought I’d dive into the deep background of the country’s economy. When I was remodeling my 170-year-old London house, the chimney was in desperate need of attention. After the chimneysweep crawled up the fireplace, he found a
Global Market Comments August 8, 2023 Fiat Lux Featured Trades: (THIS WILL BE YOUR BEST-PERFORMING ASSET FOR THE NEXT 30 YEARS), (IYR), (PHM), (LEN), (DHI), (TLT), (HYG), (MUB), (SPY) CLICK HERE to download today's position sheet.
Global Market Comments August 7, 2023 Fiat Lux Featured Trades: (MARKET OUTLOOK FOR THE WEEK AHEAD, or TAKING IT IN THE SHORTS), (TLT) CLICK HERE to download today's position sheet.
I am writing this to you from the British Airways first class lounge at Rome’s Leonardo da Vinci airport. I arrived here early to avoid the hordes of travelers certain to follow. At the entrance to the departure area, there is a 20-foot-high bronze statue of the great artist and scientist holding a model of
Global Market Comments August 4, 2023 Fiat Lux Featured Trades: (WEDNESDAY, SEPTEMBER 6, 2023 SAN DIEGO, CALIFORNIA STRATEGY LUNCHEON) (THE HISTORY OF TECHNOLOGY) (BUSINESS IS BOOMING AT THE MONEY PRINTERS) CLICK HERE to download today's position sheet.
I have just finished leisurely reading Tom Standage's book The Victorian Internet: The Remarkable Story of the Telegraph and the Nineteenth Century's On-Line Pioneers. Standage discusses the creation and development of the telegraph system and how it revolutionized communication in the 19th century. The book claims that modern Internet users are in many ways the
All of the high-grade paper used by the US Treasury to print money is bought by one firm, Crane & Co., which has been in the same family for seven generations. Last year, the Feds printed 38 million banknotes worth $639 million. Although we have seen the Fed’s severe monetary tightening cause the money supply
"Go to Heaven for the climate. Go to Hell for the company," said American humorist, Mark Twain.
Global Market Comments August 3, 2023 Fiat Lux SPECIAL PRECIOUS METALS ISSUE Featured Trades: (WHAT’S UP WITH GOLD?), (GLD), (UGL), (PPLT), (PLAT), (WPM) (THE ULTRA BULL CASE FOR GOLD) CLICK HERE to download today's position sheet.