Billionaire's Portfolio

June 3, 2022 The jobs report this morning wasn't weak, but it wasn't strong.     As we discussed yesterday, in this…

June 2, 2022 Last Wednesday, we talked about the setup for a break of the big trendline in this chart below (the yellow…

June 1, 2022 Today was the official start of the Fed's quantitative tightening (QT) program.  This is taking liquidity out of…

May 31, 2022 We've talked over the past few weeks about the demand headwind that has come from:  1) the negative net…

May 27, 2022 As we head into Memorial Day weekend, let's talk about oil.   Two year's ago (this time of…

May 26, 2022 Tightening financial conditions is not a typical brew for buying stocks.   We've had a tightening. And yet, we…

May 25, 2022 The minutes from the May Fed meeting were released today.    It was three weeks ago that the…

May 23, 2022 We entered the year with household net worth on record highs.    The job market was tight.  Consumers…

May 20, 2022 Let's take a look at Tesla.   From the pandemic lows, Tesla stock rose about 14-fold in a matter…

May 19, 2022 The top finance officials from G7 countries are meeting in Germany.  It's a three day meeting to conclude…