Billionaire's Portfolio

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…

November 26, 2019 In early October, when the President shook the hand of the Vice Premier of China in the…

November 25, 2019 Stocks are trading to another new record high today, as we near the last month of the…

November 22, 2019 This past week, we've discussed the effect of expanding central bank balance sheets on stocks and the…

November 21, 2019 The ECB restarted its QE program this month.  The plan is to buy 20 billion euros worth…

November 20, 2019 Stop me if you've heard this one before:   'sources say, trade deal might not happen.'  These unnamed…

November 19, 2019 Historically, when the Fed ends a tightening cycle, it has been a great time to be in…