Nicholas Vardy
Why I Was Wrong About Brexit and Why It May Still Not Happen
Investment expert Nicholas Vardy shares his take on why Brexit was able to happen, despite the polls being in favor of remaining in the EU.
Why I Was Wrong About Brexit and Why It May Still Not Happen
Last week, I wrote about the upcoming Brexit vote, and why I thought it likely wouldn’t happen. Like almost all other financial pundits, betting houses and hedge funds that had hired their own private exit pollsters, I was wrong about my prediction that Britain would vote to stay in the European Union (EU). The financial […]
Three Strategies for Handling Brexit
Markets sold off sharply on Friday following the United Kingdom’s vote to exit the European Union (EU). The Dow Jones fell 1.55%, the S&P 500 dropped 1.63% and the NASDAQ tumbled 1.92% to close a negative week. The MCSI Emerging Markets Index also pulled back 1.89% for the week. Your recent small-cap bets fared particularly […]
How to Handle Brexit in Your Portfolio
It was quite a night in the United Kingdom. “Brexit” voters who favored leaving the European Union (EU) had canceled their victory party by 9:00 pm. Indeed, their leader, Nigel Farage, had conceded that Brexit had lost by late in the evening, 52% to 48%. As a result, Britons went to bed at 11:00 pm […]
How to Handle Brexit in Your Portfolio
It was quite a night in the United Kingdom. “Brexit” voters who favored leaving the European Union (EU) had canceled their victory party by 9:00 pm. Indeed, their leader, Nigel Farage, had conceded that Brexit had lost by late in the evening, 52% to 48%. As a result, Britons went to bed at 11:00 pm […]
Betting on a Global Paint Maker and Locking in Double-Digit Percentage Gains
This week, the Alpha Algorithm generated another indirect bet profiting from the U.S. housing rebound: the paint maker Sherwin-Williams (SHW). Founded in 1866 and headquartered in Cleveland, Ohio, The Sherwin-Williams Company develops, manufactures, distributes and sells paints, coatings and related products to customers primarily in North and South America, the Caribbean, Europe and Asia. As […]