Stock Market
A Step Towards Common Sense
Stock MarketIt’s the question of the day, the week, the month, the year, the entire damn era, submitted shortly before this morning’s open by Sven Henrich: “What is the true state of markets and the economy Read More
A Screaming Comes Across Their Screens
Stock Market“Price” today is being driven by a three-headed monster. There’s the mindless headline-reading algorithm. We have also the idiot day-trader. And, finally, it’s the momentum-riding speculator. It’s completely uncoupled from economic and financial fundamentals. Read More
How to Make Sense of This Market
Stock MarketDid you know the stock market has basically done nothing for about the last year and a half? Check it out… That is only through August 27. Read More
Here’s What Happens When the Fed Cuts Rates…
Stock MarketWe’ve been here before. Indeed, it wasn’t so long ago. In August 2007, the Wilshire 5000 Index, the most comprehensive measure of the U.S. stock market, was trading around 14,430. Read More
The Global Market Is Buried In Hucksterism And Nonsense.
Stock MarketNostalgia for the 1960s is thick these days. I think it appropriate, in this moment, to note one of the intensely private Neil Armstrong’s few public statements about his experience. Read More
This’ll Blow Your Top Off
Stock MarketOn the day Federal Reserve Chair Jerome Powell testified before Congress about his concerns of an approaching recession, the stock market reached new all-time highs. Read More
Make Easy Money AND Forever War!
Stock MarketWithin seconds of its release, Wall Street heavyweights noted the absence of the word “patient” from a key passage in the official Federal Open Market Committee (FOMC) statement for the June 18-19 meeting. Read More
It’s a Matter of “When”
Stock MarketEurope today is a powder keg and the leaders are like men smoking in an arsenal. A single spark will set off an explosion that will consume us all. Read More
The High Comedy of “Peak Trump”
Stock MarketAs a matter of fact, it will be generally found that the popular joke is not true to the letter, but is true to the spirit. Read More
The Fed Broke the Market
Stock MarketThis is less teaching than damage control. You may as well paint a house that’s on fire. Read More
