C.O.B.R.A. May Portfolio Update

History shows the Fed is slow, bureaucratic, and rarely aware of the impacts its actions have on stocks and investor psychology. Jim sees rising odds of a Fed policy error as the central bank tightens into a rapidly weakening economy. We are closely watching the reaction of major global currencies and stock markets to Wednesday’s Fed meeting. We like how we are positioned with our open positions that Dan gives guidance on in today’s update, including moving one position from a buy to a hold.

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Jim Rickards’ Tactical Currency Profits

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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