Billionaire's Portfolio

July 6, 2021 We open the week with some swings in markets.  Despite a Fed that has been sending signals of…

July 2, 2021 The jobs report this morning came with no big surprises.  As we discussed yesterday, the job growth…

July 1, 2021 We get the June jobs report tomorrow. The inflation data in this report is probably more important than…

June 30, 2021 Today ends the month, and first half of the year. We entered the year with what I…

June 29, 2021 A month ago we were talking about the set-up for a spike in oil prices heading into…

June 28, 2021 We talked last week about the building chatter about central bank backed digital currency (CBDC).   The…

June 25, 2021 There was news of a bipartisan deal on an infrastructure package late yesterday. Though today, the bipartisan…

June 24, 2021 Last month the great macro trader, Stanley Druckenmiller, criticized the Fed in an interview. This is not…

June 23, 2021 Yesterday we talked about the prospects of a digital dollar coming down the pike. It seems clear…

June 22, 2021 We looked at three "bubble markets" last month: Lumber, Bitcoin and Tesla. All of which multiplied in…