Howard Marks: Mastering The Market Cycle

A very interesting interview with Howard Marks (Oaktree Capital co-founder) shares his insights on the forces shaping the market cycle.

Chinese Stocks, Online Brokerage IPO & 6 Investing Insights

Jim Rogers was mentioned in the press several occasions this week. Here's a snapshot of the most interesting articles:

Jim Rogers Exits US Markets, Buys Chinese Stocks (in Yicai Global)

Jim Rogers-Backed China Online Brokerage Is Said to Plan IPO (in Bloomberg) 

6 investing insights from Jim Rogers (in Morningstar India)

Have great trading day!

Nassim Taleb: World Is More Fragile Today Than in 2007

Nasim Taleb considers the world to be more fragile today than in 2007. Where is the vulnerability? Nassim answers.

General Electric (GE) Is Less Valuable When It Can't Pay A Dividend 
This Rally Is A Correction In A Bear Market 
The Biggest Decline In A Month For The Nasdaq Since 2008

Tiger Brokers Is Planning a U.S. IPO

Tiger Brokers, the Chinese online brokerage is planning a U.S. initial public offering that could raise about $200 million according to Bloomberg News:

Latest Jim Rogers-Backed China Online Brokerage Is Said to Plan IPO

Trade War: Trump Thinks He Is Smarter Than History

"He (President Trump) thinks he he himself is smarter than history and who cares about history history is bunk and I can beat history I know he cannot you I guess you know we cannot history shows he cannot but he thinks he can and that's the dangerous kind of people."

Markets: The Central Bank Will Do Something

The central bank is gonna do something, cut interest rates, buy assets, who knows what they will do and the market will have a rally. The market will rally because people will say "Ah, they've come in they're saving us again". But after that, that's when the real horrible part of the bear market is going to come. So, be worried!

Nasdaq: Worst Monthly Decline Since The Financial Crisis
Stock Market: The Downtrend Is Intact

Gold Will Dip Below 1,000

That's my view but I've made a lot of mistakes in my life. So, don't rely on me for your market timing, I'm the worst short-term trader in the world. But I expect gold to go under 1,000 dollars/ounce and if it does, I hope I'm smart enough to buy a lot more. If it doesn't, I've got plenty of gold already.