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31

Here?s Your Second Chance to Sell in May

It was 3:30 am when one of my old staffers from Morgan Stanley in London called. He was now running a proprietary trading desk at Goldman Sachs, and I didn?t think he was rousing me out of a dead sleep to reminisce about the good old days. He told me that the firm?s research department

32

Ten More Ugly Messages from the Bond Market

The global bond markets have been screaming an ugly message at us loud and clear, and I’m afraid that it’s not a positive one. Amazingly, US Treasury bonds have soared early this year, taking the (TLT) up a stunning 40 points. In the meantime, stocks have suffered the sharpest crash in history, plunging ten times

33

March 22, 2018

Global Market Comments March 22, 2018 Fiat Lux Featured Trade: (THE FED SIGNALS HALF SPEED AHEAD), (TLT), (UUP), (FXE), (FXY), (FB), (WHY YOU WILL LOSE YOUR JOB IN THE NEXT FIVE YEARS, AND WHAT TO DO ABOUT IT)

34

Taking Ford Out for a Spin

I have been trying to buy this stock for a month. Not because I like their pedestrian cars (except the new, muscular, retro Mustang), but because it is one of the great turnaround stories in business history. Today?s earnings announcement gives us that window. It delivered over $3 billion in profits during Q4, 2012. But