And by the way, a few guys and I have started a mini hedge fund, called the 'L-Man' hedge fund. And and by mini, I mean starting at a tiny mil. If you want in, then we can talk.

Apple has a quarterly profit of $18bil. Now take it, and take it real: eighteen BILLION bucks in three months. Now that's America.

Europe

With the ECB about to do QE by buying bonds - and whose country's bonds? - the Germans wanting no part of it, the Swiss pulling out and the Danes going next, and the Greeks finally fed up, and the Italians waiting to cash in from any bailout, and meanwhile the UK headed for a chaotic coalition government, the Europeans are headed for a good-old-fashioned European tussle.

And meanwhile again, I'm preparing an essay on Deflation. So much fun! See you later.

Blog LJ 06Jan15

Ho Ho, and Happy, and welcome to the Panic. They don’t call it the Epiphany for nothin’.

Oil breakdown, stocks breakdown, flight to bonds and gold. Ho Hum. I seen it before.

So a few oil drillers and their lenders go bust – hey – that’s commodities, dude.

Personally, I always try to stay out of panic markets, but if you’re caught in, then I say cover, or you can always pop me an email for rather expensive advice: lenny@lennyjordan.com

Ride the bronco if you can. The problem is that the markets will remain volatile through non-farm payrolls on Friday, and that’s a long time to wait if you’re on the wrong side.

But the markets in theory will revert to the mean -  six months from now. J Now gather capital. J Does your wife need an allowance? Can you drive a taxi?

Stay tuned,

LJ