Billionaire's Portfolio

December 17, 2019 Yesterday we revisited my contrarian thesis on the state of the economy.  Most believe we are in…

December 13, 2019 On Friday we talked about the outlook for commodities, as the spot that should be among the biggest…

December 13, 2019 Yesterday morning Trump tweeted, we are very close to a big deal.  Yesterday afternoon, we had reports…

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…