Billionaire's Portfolio

May 12, 2022 We talked yesterday about the crypto currency bubble.  Bitcoin has more than halved, which is not unusual for…

May 11, 2022 The inflation report came in hotter than expected this morning.  Yet, both the monthly and twelve-month change came…

May 10, 2022 The big April inflation report comes in tomorrow morning.   Let's talk about what to expect ...   First,…

May 9, 2022 We've talked a lot about the historical track record of QE exits.    The record is not good. …

May 6, 2022 As we end the week, let's take a look at a few charts.   First, here's a look…

May 4, 2022 The Fed raised rates yesterday, and announced its quantitative tightening plan to begin on June 1.   As…

May 4, 2022 Let's talk about the Fed meeting today ...   First, there were no surprises.  The Fed had telegraphed…

May 3, 2022 As we head into tomorrow's Fed meeting, we've talked about three supply issues that are driving inflation, which the…

May 2, 2022 On Wednesday, we will get the second move from the Fed in this early stage tightening cycle.…

April 29, 2022 We close the week, and month, with stocks near the lows of the year.   Let's take a…