Billionaire's Portfolio

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…

March 3, 2020 Coming into the morning, we expected a coordinated response from the G7 finance ministers and central banks. First…

March 2, 2020 Despite the increase in coronavirus cases in the U.S., stocks were up big today (as were global…

February 28, 2020 Stocks rallied sharply in the last 15 minutes of trading today. Why?  Given the carnage of the…

February 27, 2020 The bloodletting continues in global markets, with the continuation of zero visibility on containment of the coronavirus. At…