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“Incentive structures work, so you have to be very careful about what you incent people to do because various incentive structures create all sorts of consequences which you can’t anticipate,” said Apple founder Steve Jobs.  

Global Market Comments January 21, 2026 Fiat Lux Featured Trade: (FRIDAY, JANUARY 30 2026 BUENOS AIRES ARGENTINA STRATEGY LUNCHEON), (THE ULTRA BULL CASE FOR GOLD) (GLD), (UGL), (GOLD), (NEM)

“Banks have turned into gigantic gambling institutions. You never know what you own. I wouldn't touch them if you pointed a gun to my head,” said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.

Global Market Comments January 20, 2026 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or A BLACK SWAN A DAY), (GS), (MS), (GLD), (SLV), (IWM), (XLI), (CRWD), (AAPL)

“The economy without debt is like major league baseball without steroids,” said Jack Ablin, chief investment officer of BMO Private Bank.

Global Market Comments January 16, 2026 Fiat Lux Featured Trade: (JANUARY 14 BIWEEKLY STRATEGY WEBINAR Q&A), (CSCO), (GLD), (MSTR), (JPM), (FXA), (BTC), (SOFI), (HOOD), (UUP)

"Homo Sapiens, the first truly free species, is about to decommission the natural selection, the force that made us," said E.O. Wilson, a Harvard University biology professor.

Global Market Comments January 15, 2026 Fiat Lux Featured Trade: (NEW VIDEO UPDATE ON HOW TO EXECUTE A VERTICAL BULL CALL DEBIT SPREAD), (AAPL), (GS)

“Semiconductors are the new industrials,” said Josh Brown of Ritholtz Wealth Management.  

Global Market Comments January 14, 2026 Fiat Lux   SPECIAL ISSUE ABOUT THE FAR FUTURE Featured Trade: (PEAKING INTO THE FUTURE WITH RAY KURZWEIL), (GOOG), (INTC), (AAPL), (TXN)

"The future ain't what it used to be," said the former New York Yankees baseball manager, Yogi Berra.  

Global Market Comments January 13, 2026 Fiat Lux   Featured Trades: (MY OLD PAL, LEONARDO FIBONACCI), (TESTIMONIAL)

Thank John for his ceaseless banter. I enjoy this service so much. Great stories!!!! I hope our paths cross soon. Thank you.   Bill North Carolina  

“When asked how he manages the time to be chairman of Microsoft, run the world’s largest charity, and raise three kids, Bill Gates answered, “I don’t mow the lawn.”  

Global Market Comments January 12, 2026 Fiat Lux   Featured Trades: (MARKET OUTLOOK FOR THE WEEK AHEAD, or RISK IS RISING), (MSFT), (ABBV), ($VIX), (SPY), (AAPL), (CRWD), (GLD), (SLV), (TSLA), (MSTR), (NVDA)

“Nothing good ever happens under the 200-day moving average,” said my old friend, hedge fund legend Paul Tudor Jones.  

Global Market Comments January 9, 2026 Fiat Lux   Featured Trades: (HOW MY MAD HEDGE AI MARKET TIMING ALGORITHM WORKS)

“The rule book on how things are done and how they will play out you can just throw away right now,” said Scott Minerd of Guggenheim Partners.

Global Market Comments January 8, 2026 Fiat Lux   Featured Trades: (THE NEXT COMMODITY SUPER CYCLE HAS ALREADY STARTED), (COPX), (GLD), (FCX), (BHP), (RIO), (SIL), (PPLT), (PALL), (GOLD), (ECH), (EWZ), (IDX)

"If horses could have voted, there never would have been cars," said my friend, Tom Friedman, a columnist at the New York Times.