Last week, a concierge customer asked me an excellent question. Having correctly called the top in this market to the hour, what would it take for me to go all in on the long side and get maximum bullish? With everyone now laser-focused on downside risks, which was really a last February game, I thought
Global Market Comments April 25, 2025 Fiat Lux Featured Trade: (THE UNITED STATES OF DEBT) (TLT)
The “Exploding National Debt” has been overhanging the markets for as long as I can remember and has had absolutely zero effect. Those who cashed out of markets, sold their homes, and hid everything under their mattress have missed the investment opportunity of the Millennium since 2009. Why is that? With ten-year Treasury bond yields
“Individuals should be buying a little bit of gold every month forever,” said Marc Faber, publisher of the Gloom, Boom, and Doom Report.
Global Market Comments April 24, 2025 Fiat Lux Featured Trade: (TESTIMONIAL), (MY FAVORITE PASSIVE/AGGRESSIVE PORTFOLIO) (ROM), (UYG), (UCC), (DIG), (BIB)
Gosh darn it, you nailed it again! Trump stopped firing Powell. Banks are on fire. Netflix hit a new high. Score John Thomas 100, everyone else zero. Well done, John AND let's keep it going. You're the Savant of the time at the moment. Talk to you soon, bye. Bill Florida
What if you want to be a little more aggressive with your investment strategy, say twice as aggressive? What if markets don’t deliver any year-on-year change from here? Then you need a little more pizzazz in your portfolio, and some extra leverage to earn your crust of bread and secure your retirement. It turns out
"The question is not whether Tesla will sell 80,000 or 90,000 cars this year, but whether they will sell 14 million or 15 million in 15 years. I believe they can do it," said Ron Baron of long-term value player, Baron Capital.
Global Market Comments April 23, 2025 Fiat Lux Featured Trade: (WHERE’S THIS MARKET BOTTOM?), (SPX), (INDU), (TLT), (THE ONE SAFE PLACE IN REAL ESTATE)
After Monday’s 1,200-point swoon, the S&P 500 (SPY) has fallen 20.88% from its February peak. And we may still have a “Sell in May” ahead of us. This was one of the most overbought stock markets in my career. I have to think back to the March 2000 Dotcom Top and the Tokyo bubble in
I feel obliged to reveal one corner of this time of great turmoil that might actually make sense. By 2050, the population of California will soar from 40 million to 50 million, and that of the US from 340 million to 400 million, according to data released by the US Census Bureau and the CIA
“Real Estate is the new gold. It is the gold of 2025,” said Jeffrey Gundlach of Doubleline Capital
Global Market Comments April 22, 2025 Fiat Lux Featured Trade: (THE GOVERNMENT’S WAR ON MONEY) (TESTIMONIAL)
When I lived as a student in West Berlin during the 1960s, I had a nice little side business. I organized weekend walking tours through the Berlin Wall at Checkpoint Charlie to visit East Berlin for American students too afraid to go alone. To pay for it, I smuggled in my boots Ostmarks, the currency
The confidence you have given me to enter the USD:JPY spot positions have returned me in excess of $1,500,000 in the last few weeks. I'll be in California next year. Can't wait to catch up. Dinner is on me, both times! I know you said you aren’t retiring until you’re well into your seventies. Why
"Sometimes we stare so long at a door that is closing that we see too late the one that is open," said Alexander Graham Bell, inventor of the telephone.
Global Market Comments April 21, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or IN SEARCH OF THE LOST MARKET BOTTOM), (SPY), (TLT), (NFLX), (COST), (NVDA), (TSLA), (MSTR)
Back in 1977, I met Chinese Premier Deng Xiaoping for the first time at the Foreign Correspondents Club of Japan. He was a cherubic 4’10” and I was a lanky 6’4” and when we shook hands, he craned his neck and laughed. When he asked me my name, I answered “Shorty” and we laughed again.
“When goods don’t cross borders, armies do,” said Frederic Bastiat.
Global Market Comments April 17, 2025 Fiat Lux Featured Trade: (THE MAD HEDGE TRADERS & INVESTORS SUMMIT REPLAYS ARE UP) (APRIL 16 BIWEEKLY STRATEGY WEBINAR Q&A), (SPY), (SH), (SDS), (TLT), (MSTR), (GLD), (GOLD), (SLV), (AGQ), (NEM)