Dennis Gartman ends newsletter after more than 30 years

The famed investor, who called it quits on his namesake “The Gartman Letter” last week after 30 years, said Donald Trump’s multiple trade wars and other threats mean it’s time to raise cash

Dennis Gartman said he won’t give up TV, radio or print interviews, even as he ceases publication of his newsletter. Dennis Gartman plans to halt publication of “The Gartman Letter” after more than three decades of producing his daily investor report. “There comes a time when retirement calls,” Mr. Gartman wrote in the Nov. 29 edition of the newsletter. “The simple sums of information available to everyone have made our efforts difficult and yet easier at the same time. Add to this the increased tax and regulation requirements and we’ve chosen to stop doing business as we have in the past.”

Mr. Gartman said he won’t give up TV, radio or print interviews and that a biweekly bulletin and podcasts are among the options being considered “to make certain that we are not immediately forgotten.” Mr. Gartman got his start in the early 1970s as an economist at Cotton Inc. before he moved on to roles at NCNB National Bank in Charlotte, N.C., and A.G. Becker & Co. in Chicago, according to a bio on the CNBC website. He moved to Virginia in the early 1980s, where he ran the futures brokerage operation for Sovran Bank before starting his eponymous newsletter in 1987. “The Gartman Letter” addressed economic, political and technical trends. Its subscribers include hedge funds, banks, brokerage firms and mutual funds, among others. Like everyone making predictions about markets, Mr. Gartman made calls that didn’t always pan out, and he has taken more than his share of social media lumps for wrong-way forecasts. In February 2018, he lamented putting the volatile stock Riot Blockchain Inc. into his retirement account — just a couple months after saying on CNBC that Bitcoin was nonsense and he wouldn’t buy or sell any. Emails and calls to Mr. Gartman went unanswered. Nick Note: Bottom lie its the GREATEST trading market EVER. This year ALL as in All of my trades made money… And for smart people with the 3 B’s as in Balls, brains and bucks we have made a killing. See its kind if hard to me recos when one no longer can get to steal Great Trade ideas from successful people…. He was WAY WAY past his sell buy date!!