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Posts by: Eric Fry

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Eric Fry

Eric J. Fry, has been a specialist in international equities since the early 1980s. He was a professional portfolio manager for more than 10 years, specializing in international investment strategies and short-selling. Eric is a frequent contributor to the Daily Reckoning and the voice of the sometimes abrasive, mostly entertaining and always insightful Rude Awakening. His views and investment insights have appeared in numerous publications including Time, Barron's, Wall Street Journal, International Herald Tribune, Business Week, USA Today, Los Angeles Times, San Francisco Chronicle and Money. He appears regularly on business news stations including CNBC and Fox.

  1. Daily Reckoning

    Record Highs Despite Epic Lows March 15, 2013

    Three cheers for the Dow Jones Industrial Average!…or four, if you like. Since setting its first new record high in more than four years last week, the beloved Blue Chips have marched ahead to six more record-high closes. In all, the Dow has advanced ten straight days — the longest winning streak since 1996! One …Read more…


  2. Daily Reckoning

    Rand Paul’s Drone-a-Thon March 7, 2013

    Senator Rand Paul conducted a 13-hour filibuster yesterday that finally ended at a little before 1:00 a.m. this morning. Are you still awake? Usually, the mere mention of the word “filibuster” induces narcolepsy…and why not? A filibuster is explicitly about doing nothing for as long as possible. Webster’s defines it as, “The use of extreme …Read more…


  3. Daily Reckoning

    True?…or Not True? March 4, 2013

    Let’s play a little game of “True/Not true.” We ask the question and you answer, “True” or, “Not true.” 1) Two police officers in Colorado lost their jobs and face felony charges for shooting an elk. 2) Two police in Washington State lost their jobs and face felony charges for shooting a man in his …Read more…


  4. Daily Reckoning

    Witches, Warlocks and Federal Reserve Chairmen February 27, 2013

    A few months ago, the insightful and engaging financial market observer, James Grant, drew a comparison between “witchcraft, on the one hand, and modern central banking, on the other.”…Read more…


  5. Daily Reckoning

    Bond Bears Should Envy Broken Clocks February 15, 2013

    Broken clocks get a bad rap…at least they are right twice a day. Many are the objects, individuals and/or institutions who are lucky to be right once a day… or even once a year. Consider, for example, those poor souls who continuously predict rising interest rates. These “bond bears” have not been right once in …Read more…


  6. Daily Reckoning

    Lessons to Learn from Stock Trading Celebrities February 8, 2013

    As singer-songwriter, Aimee Mann, poetically observes, “The moth beat his wings ’til he burns them black” …and so will many individual investors. The dazzling glow of a rallying stock market draws them to the flame of “easy” winnings. But just about the time the winnings become seductively easy, the scent of scorched wings fills …Read more…


  7. Daily Reckoning

    The Curious Relationship of Food and Money January 3, 2013

    Today’s installment of our series, Best of Daily Reckoning, 2012, is all about food — both about how to make money by selling it and about how to “make money” by giving it away. Here at The Daily Reckoning, we think food is a pretty big deal…and as the Earth’s population explodes, we think it …Read more…