Billionaire's Portfolio

December 16, 2020 A few weeks ago, at a congressional testimony, Jay Powell talked of  "upside risks" to the medium-term…

December 15, 2020 Stocks are up big today as it looks like Congress will agree on a stimulus package that…

December 14, 2020 State electoral votes are being cast today.  And the Pfizer vaccine is being distributed. Yet stocks finish down…

December 11, 2020 The media has given little coverage of the election dispute.  And the market has been giving little…

December 10, 2020 This morning the European Central Bank added more fuel to the fire.  They extended their QE program another…

December 9, 2020 There are now seventeen states that have joined Texas in the lawsuit that sits with the Supreme Court, and…

December 8, 2020 The negotiations continue over a second Covid relief package.  While both sides have shown optimism in getting a deal…

December 7, 2020 Back in the depths of the Global Financial Crisis, while the world was suffering and asset prices…

December 4, 2020 The jobs report this morning had few surprises.  However, it is being positioned as a "dire" report, as a…

December 2, 2020 Yesterday we talked more about the set-up for inflated economic growth next year, inflated prices and higher wages.   With…