Billionaire's Portfolio

December 13, 2021 We have the big Fed meeting this week, which will conclude on Wednesday.    Given the posturing by Jay Powell…

December 10, 2021 The inflation data came in hot this morning, as we suspected.   Here's what it looks like with…

December 9, 2021 We get the November inflation report tomorrow.   For October, the headline number was a 0.9% monthly change in prices. …

December 8, 2021 Yesterday we compared the current period to 2014, where the domestic and geopolitical noise was high, and the Fed…

December 7, 2021 We had a broad bounce back in global markets today (stocks, commodities, currencies and yields).   Thus far,…

December 6, 2021 Last week we talked about the flip-flop by Jerome Powell on inflation.  He flipped from inflation-denier to inflation-fighter, all…

December 3, 2021 We talked about the prospects of getting a hot jobs report this morning.   And we talked about…

December 2, 2021 We get the November jobs report tomorrow.    This is even more important than usual, because the Fed told us…

December 1, 2021 We talked about Jerome Powell's flip-flop on inflation, at his testimony yesterday before the Senate Banking Committee.   …

November 30, 2021 We've parsed the words of the Fed Chair, Jay Powell, many times.    Despite the clear evidence…