Doug Kass, prominent helmsman at Seabreeze Partners and frequent commentator at CNBC, embraces social media. In fact, Mr. Kass tweets roughly 8-10 times throughout the day. Yesterday (4/30), Mr. Kass tweeted that his largest investment was short bonds, and he listed Inverse Bond ETFs like ProShares UltraShort 20+ Treasury (TBT) and ProShares Short 20+ Treasury (TBF). This morning (5/1), [...] [...more]
There are many times when it makes sense to choose an unconventional investing path. For example, last year, scores of prominent voices insisted that interest rates would rise. “Bond King” Bill Gross denounced U.S. government debt. Heck, S&P even downgraded it. And yet, investors who gobbled up U.S. Treasury bonds benefited from the “contrary-to-public-opinion” upside. The reasons for the unanticipated direction of yields are well-documented (e.g., expansion of the [...] [...more]
There were rumblings in July and August that the Federal Reserve would try to jump start the U.S. economy. By September, the notion that the Fed would embark on a second round of “quantitative easing” became a foregone conclusion. By October, the main questions were, “How much treasury debt will you buy?” and” ”How long’s it gonna take?” Some wondered whether [...] [...more]
Most world-renowned investors became famous for beating the Street during a bull market. Think Warren Buffett, Bill Miller and Peter Lynch. Yet John Paulson garnered fame (or infamy) as a hedge fund manager who profited from shorting sub-prime mortgages in 2007 and 2008. In 2009, John Paulson made a different “call” that has yet to pan out; that is, the [...] [...more]
Stock ETFs may be rallying towards 52-week highs, yet Commodity ETFs may become the hottest ticket for investors wishing to profit from shocks to supply and demand. Bill Luby points out that a variety of disruptions to the supply of agricultural commodities has sent prices for those commodities skyward. Epic drought in Russia? Maybe grains, particularly wheat, can give [...] [...more]
