Billionaire's Portfolio

April 11, 2022 We start the week with a lot of noise for markets to digest (China lockdowns, Elon Musk/Twitter,…

April 8, 2022 We talked yesterday about the path to perpetual quantitative easing. After all, we've yet to see an example of a…

April 7, 2022 Yesterday we talked about the history of the Fed's last quantitative tightening.    After spending eighteen months shrinking…

April 6, 2022 The minutes from the March Fed meeting were released today, laying out  a plan for reducing the Fed's…

April 5, 2022 On January 5th, the minutes from the December Fed meeting spelled out exactly what Jay Powell had told us just…

April 4, 2022 The banks will kick off earnings season next week.  They will be reporting on a quarter that slowed…

April 1, 2022 We end the week, and open a new month and quarter, with the jobs report.   Not surprisingly,…

March 31, 2022 For the second time in four months, the President has announced a release of oil from the Strategic…

March 30, 2022 As March ends, all eyes will turn to inflation data.  And it's going to be a wrecking ball…

March 29, 2022 Stocks rallied today (again).  Oil and gold traded lower today (again).  This has the appearance of a relief in the…