Billionaire's Portfolio

March 17, 2020 As we discussed yesterday, in historical crises Wall Street panics well before Main Street panics.  In the case…

March 16, 2020 With the surprise move yesterday by the Fed, they made it clear that they will do whatever…

March 13, 2020 Yesterday we discussed the policy response we've seen on the economy, but as we discussed, the other piece…

March 12, 2020 The pandemic threat has been clear in markets since mid-February.  The markets have been pricing in an…

March 11, 2020   Back on December 23rd of 2018, to counter the indiscriminate selling of stocks, we had a…

March 10, 2020   Yesterday may have been peak fear.  With the crash in oil prices, we now have a…

March 9, 2020   Last week, we were facing a virus-induced economic disruption.  It's complicated, but from an economic perspective, the…

March 6, 2020 The 10-year yield over the past couple of weeks has been the most important market to watch for clues…

March 5, 2020 As we've discussed over the past month, with the coronavirus, we have an unknown outcome from a human welfare perspective.…

March 4, 2020 Yesterday we talked about which industries might be the winners from globally coordinated government spending packages (and…