“It’s a terrible mistake to own something, just because somebody else owns it, even if that other persona is Benjamin Graham, the head of investing,” said Oracle of Omaha, Warren Buffett.
Global Market Comments
December 10, 2024
Fiat Lux
Featured Trade:
(A NOTE ON OPTIONS ASSIGNED OR CALLED AWAY)
(BRK/B)
Global Market Comments
December 9, 2024
Fiat Lux
Featured Trade:
(MARKET OUTLOOK FOR THE WEEK AHEAD or WHY THE MAG SEVEN ARE FADING) plus (HOW TO GET A TESLA FOR FREE),
(NVDA), (GLD), (JPM), (BAC), (C),
(CCJ), (MS), (BLK) (TSLA), (TLT)
Global Market Comments
December 6, 2024
Fiat Lux
Featured Trade:
(JOIN ME ON MY JANUARY 3, 2025 PANAMA CANAL SEMINAR AT SEA LUNCHEON)
(TESTIMONIAL)
(AN EVENING WITH TRAVEL GURU ARTHUR FROMMER)
Come join me in the grand appointments of the Princess Coral on an adventurous 16-day cruise from Los Angeles, California to Fort Lauderdale, Florida through the Panama Canal.
The ship departs from the Port of San Pedro, Los Angeles at 12:00 PM on Thursday, December 19, 2024 and reaches Fort Lauderdale at 7:00 AM, on Saturday, January 4.
The ship will make day stops at Huatulco, Mexico, Puerto Chiapas, Mexico, Puntarenas, Costa Rica, Fuerte Amador, Panama, and Cartegena, Columbia. There will be seven full days at sea in the Pacific Ocean and The Caribbean.
There, I will be conducting the Mad Hedge Fund Trader’s Strategy Luncheon where I will discuss the future of the global financial markets.
I’ll be giving you my up-to-date view on stocks, bonds, currencies, commodities, precious metals, energy, and real estate. I’ll highlight the best long and short opportunities.
And to keep you in suspense, I’ll be tossing a few surprises out there too. Enough charts, tables, graphs, and statistics will be thrown at you to keep your ears ringing for a week. Tickets are available for $499 for the seminar only.
Attendees will be responsible for booking their own cabin through Princess. I just checked availability and the cheapest offer is for an inside stateroom from $2,393 per person. If you do the math, that is cheaper than staying at Motel 6 for 16 days and eating at Taco Bell every day, which is why the cruise industry is booming. Or, you can step up to $4,202 per person for a luxury mini-suite with an outside deck.
Just visit their website at https://www.princess.com/en-us or call them directly at 800-774-6237 to make your own arrangements. Only reserve cruise number 6501 for 2024.
The weather this time of year should be balmy and tropical, depending on our luck. A brisk walk four times around the boat deck adds up to a mile. Full Internet access will be available, for a price, to follow the markets. Princess is now using the SpaceX Starlink satellite access on all their ships.
Two dinners during the voyage will be black tie, so bring two tuxes or formal dresses.
The event will be held at the ship’s luxurious Owners Suite, the details of which will be emailed to you with your purchase confirmation.
I look forward to meeting you and thank you for supporting my research.
To purchase tickets for this luncheon, please click here.
See you aboard!
Come Join Me at Sea
“The individual investor in America sits at the bottom of the food chain,” said John C. Bogle, the late founder of the Vanguard Group of index funds.
Global Market Comments
December 5, 2024
Fiat Lux
Featured Trade:
(LAUNCHING “TRADING OPTIONS FOR BEGINNERS”)
Global Market Comments
December 4, 2024
Fiat Lux
Featured Trade:
(AMERICA’S DEMOGRAPHIC TIME BOMB)
You can never underestimate the importance of demographics in shaping long-term investment trends, so I thought I’d pass on these two highly instructive maps.
The first shows a map of the world drawn in terms of the population of children, while the second illustrates the globe in terms of its 100-year-olds.
Notice that China and India dominate the children’s map. Kids turn into consumers in 20 years, stay healthy for a long time, and power economic growth.
The US, Japan, and Europe shrink to a fraction of their actual size on the children’s map, so economic growth is in a long-term secular downtrend there.
There is more bad news for the developed world on the centenarian’s map, which shows these countries ballooning in size to grotesque, unnatural proportions.
This means higher social security and medical costs, plunging productivity, and falling GDP growth.
The bottom line is that you want to own equities and local currencies of emerging market countries and avoid developed countries like the plague.
This is why we saw tenfold returns from SOME emerging markets (EEM) over the past ten and why there is an irresistible force pushing their currencies upward (CYB) over the long term.
Use any major meltdowns this year to increase your exposure to emerging markets, as I will.
Would You Rather Own Them?
Or Them?
"The next leg of the bull market is going to have to be a fundamental leg, not a liquidity leg, and investors are in a little bit of a malaise trying to figure that out," said Anthony Scaramucci of Skybridge Capital.
