Billionaire's Portfolio

December 12, 2019 We talked yesterday about the surprisingly more dovish Fed communication yesterday.   By this morning, Trump added to…

December 11, 2019 We entered the Fed meeting today expecting no surprises.  I would point out two statements that surprised me:…

December 10, 2019 The Fed meets tomorrow.  It should be a non-event.  As we discussed yesterday, the Fed is no longer…

December 9, 2019 On Friday we talked about the big ECB meeting on the agenda for Thursday. This will be…

December 6, 2019 Stocks continued to complete the "V" shaped recovery on the week, following the big jobs report this…

December 5, 2019 Yesterday we talked about the "V" shaped move in stocks to open December -- a sharp down move,…

December 4, 2019 Yesterday we laid out the parallels between early October and these first few days of December.  The mood…

December 3, 2019 Yesterday we talked about the weak November U.S. manufacturing data, and recalled back to early October, when a…

December 2, 2019 We start the month of December with some negatives on trade and another contractionary reading on U.S.…

November 27, 2019 As we discussed yesterday, with the melt-up in stocks and the easing market angst surrounding trade, the stage is set…