Billionaire's Portfolio

September 1, 2021 It's jobs week.  The ADP jobs report today showed a big miss for a second consecutive month. What does this mean for…

August 31, 2021 Jim Bullard is the president of the St. Louis Fed.  He is one of several Fed presidents that the…

August 30, 2021 During their respective tenures as Fed Chair, both Bernanke and Yellen said that economic expansions don't die of old…

August 27, 2021 As we've discussed, the Fed spends a lot of time manipulating the expectations of consumers and businesses,…

August 26, 2021 Jay Powell will make a prepared speech tomorrow at the annual Kansas City Fed global economic symposium.  This…

August 25, 2021 Sticking with the theme we've discussed the past two days, rates continue to rise on optimism about…

August 24, 2021 We talked yesterday about the FDA vaccine approval as another November 9th, 2020-like moment,  where markets interpret…

August 23, 2021 Stocks trade to new record highs today.  The dollar is lower.  And commodities are up. While the…

August 20, 2021 Despite the health crisis and geopolitical noise surrounding stocks, the S&P 500 finishes the week less than 1%…

August 19, 2021 Amazon is said to be planning large retail stores, "akin to department stores." This is what is widely…