Business

It is hard to find a bigger Apple stock cheerleader than me. I’ve been writing Apple stock love poems for years. For a long time, it was easy to love the shares because they were unloved by others and it was cheap.

Until recently, when Apple stock was still trading in the low $100s and at single-digit multiples, we were buying current product categories at a discount and were not paying for future product categories.

It is Sunday which means Eric Peters, the CIO of One River Asset Management, has published his latest weekly assortment of anecdotes and vignettes selected from the life of a hedge fund manager (always in the 3rd person), which today focuses on the quandary facing the Fed (hiking rates hurts Wall Street, but does it help Main Street?), portfolio positioning (does mean-reversion spell the end of the two best trades of the year, long EM and equities), trapped central banks and the Stockholm Syndrome (the inability by Sweden and ECB to tighten even as they forecast economic growth) and China's

Authored by Peter Schiff via Euro Pacific Capital,

After Facebook CEO Mark Zuckerberg earlier this week confirmed allegations that the company had sold at least $100,000 of ads to a Russia-backed troll farm – igniting a firestorm of liberal sanctimony as pundits like Rachel Maddow proclaimed that they had finally found the “smoking gun” proving that Russians had swayed the election in President Trump’s favor – researchers at the University of Iowa have pulled back the curtain on the seedy underbelly of Facebook's illicit influence-peddling economy.

Over the years, the clients of Goldman Sachs have periodically found themselves on the verge of panic.