All Positions Liquidated. + 29.68% We will keep positions in Gold and Silver and anything essential in times of crisis. In 2013 we wrote; “This is the largest peacetime accumulation of debt in world history and our contention is that this ends through war, economic wars, currency wars, trade wars and finally physical war. War […]
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Market Summary: The long and the short of it. U.S. Markets: The equity markets stalled again yesterday following Chinese media comments on President Trump’s speech to the Economic Club of New York. China Global Times said, “Quite a lot of criticisms and complaints about China from President Trump in his latest speech, but hardly anything
The Impartial Lens Portfolio: We believe in a free market. We would rather have no war, no stupidity, no crony-capitalism, no nepotism, no corruption, no political circus, no fake news and we could very well do without the other seven deadly sins. Lust, gluttony, greed, sloth, wrath, envy and pride. In reality, we have
Market Summary: The long and the short of it. U.S. markets: President Trump tossed a spanner into the markets on Friday. Confirming Peter Navarro‘s warnings, the President tweeted that he has not agreed to rollback tariffs with China, thus refuting Larry Kudlow’s comments. Navarro 1:0 Kudlow. The markets subsequently fell at the open and it
Market Summary: The long & the short of it. Despite upbeat earnings and the benefit of lower interest rates, the U.S. markets dived into the red on the opening of trading yesterday. China upset the post-Fed apple cart overnight, claiming that the “trade-deal” was unlikely. In spite of the White House’s best efforts, the odds
Market Summary: The long & the short of it. Despite the avalanche of earnings releases being published for the third quarter, the attention of the market participants shifted to the Federal Reserve and its Chairman Jerome Powell. The Fed did indeed meet the expectations of the markets (all the action being priced in) and cut
Market Summary: The Long & the short of it. The S&P 500 soared to all-time highs in inter-day trading on Friday and settled just below the high to close at 3021 or +0.41%. It was the third straight day of positive returns on the S&P 500. The exuberance followed a statement from the Trump administration,
Market Summary: The long and the short of it. Stock and bond markets shrugged off yesterday’s optimism with the biggest Fed liquidity injection yet. Both the S&P 500 and the New York Composite (NYA) indices dived at the opening of trading, but both recovered in the afternoon session to finish at 3010 (+0.19%) and 13118.91