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 apologize in advance if this blog makes your head explode. But apparently it is no longer enough to focus on the headline CPI or even core CPI. CPI wonks are focused on the “supercore” [SUBSCRIPTION REQUIRED] ahead of tomorrow…
After the close yesterday, one of the biggest, most important and still beloved tech stocks, Intel (INTC), king of the semiconductors, reported what can only be described as an excellent quarter (3Q Press Release). The most impressive number in my…
The March CPI came in +8.5% year over year and +1.2% month over month. For whatever reason stocks initially jumped on the number before giving back all the morning gains and closing red on the day. I’m not sure how…
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You heard it here first: the lows of the year are in. The bear market is not over. That was simply chapter 1. We’re a long way from home. This is a tactical call for the next few months. While…
When I go out I like a burger with fries or a margarita with salt. But that’s not what the market is serving. We’ve got a Fed pivot with weak earnings. What should we do? Obviously a Fed pivot –…