20 of 22 US Hedge Fund Managers Say They Bought Physical Gold For Personal Accounts
“Gold lures inflation wary hedge fund chiefs”, Reuters, July 30 (via Kirk)
“Gold lures inflation wary hedge fund chiefs”, Reuters, July 30 (via Kirk)
I really respect David Einhorn because he has evolved from a pure value investor into recognizing the importance of macro. Anybody who doesn’t recognize that at this point is going to pretty useless going forward. Buy great companies with high…
The market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but still important stocks that have already suffered brutal bear markets. My…
In another incredible statement by a so called expert we get this: Investment Conclusion: There are plenty of things to worry about. Fed policy is not one of them. – Jeff Miller, A Dash Of Insight, July 16 Citing McTeer,…
On Tuesday morning, the October CPI came in below expectations (0.0% headline, 0.2% core) leading to an explosive move higher in stocks and bonds. The rationale is that with inflation now apparently under control, the Fed no longer has any…
There’s not a lot going on this morning but I’ll touch on a few things to keep an eye on. The most important event this week is the December CPI on Thursday morning at 8:30am EST. In this morning’s WSJ,…