Billionaire's Portfolio

November 16, 2021 From a headline this afternoon, it sounds like Biden will announce his nominee for Fed Chair on Friday.…

November 15, 2021 Biden signed into law the infrastructure bill today.  The question is: Will this be the final fiscal bullet…

November 12, 2021 Back in early August, we had just come out of the first half of the year, with the…

November 11, 2021 Yesterday we talked about the latest hot inflation data.  The increase in prices (CPI) from September to October…

November 10, 2021 We've talked throughout the year about the likelihood of seeing double digit inflation, given how the monthly…

November 9, 2021 We talked about the mixed signals in markets on Friday. Yields going down, despite the Fed taking…

November 8, 2021 Last week, the Fed Chair told us that "maximum employment" was the condition for a liftoff in…

November 5, 2021 The jobs numbers this morning confirmed what should be a reasonable assumption: When you stop paying people to…

November 4, 2021 The October jobs report comes in tomorrow morning. As of yesterday, this report and the coming monthly…

November 3, 2021 The Fed announced the beginning of the end of QE today.  And the plan looks very much…