Billionaire's Portfolio

February 7, 2022 We get January inflation data on Thursday.  It's expected to show a 7.3% increase in prices compared to a…

February 4, 2022 We now have job growth running twice as hot as December 2015 levels, when the Fed started normalizing rates coming out of the…

February 3, 2022 We've talked in recent days about the end of globally coordinated easy money policies.    The Fed triggered…

February 2, 2022 As we know the Fed is due to end its QE program in March, and begin the liftoff…

February 1, 2022 As we discussed last month, when the Fed laid out a timeline for the end of QE and…

January 31, 2022 Stocks have recovered sharply from the lows of last week. The S&P 500 and the Dow have now…

January 28, 2022 As we end the week, let's step back and get some perspective on stock market declines.   What…

We entered the year with an outlook for the Fed to become "inflation fighters" for the first time in a…

January 26, 2022 The Fed didn't provide any surprises today.   They had already guided to an end of QE by…

Last week, we talked about the unwinding of some bubbly assets.  It got uglier today.  And then it got better.   …