Billionaire's Portfolio

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…

November 29, 2021 In the second half of 2014, the price of crude oil had fallen from $108 to the…

November 24, 2021 Earlier this month, the Fed laid out a timeline and plan for ending emergency level monetary policies.  Today we…

November 23, 2021 As we discussed yesterday, the big tech trade has run into what looks like a catalyst for…

November 22, 2021 As we discussed on Friday, few things will create more uncertainty in markets than uncertainty surrounding the path…