Stock Market
Jamie Dimon Said…
Stock MarketIt is very extraordinary, if the head of the money department of a country, being unprincipled enough to sacrifice his trust and his integrity, could not have contrived objects of profit sufficiently large to haveRead More
What Price? What Victory? What Now?
Stock MarketDétente does not mean the end of danger. Improvements in both the tone and substance of our relations have indeed reduced tensions and heightened the prospects for peace.Read More
The Time of Duopoly Is Over
Stock MarketOn Monday, there were more sellers than buyers. But it took a 900-point-plus intraday swing in the Dow Jones Industrial Average to get that sorted. On Tuesday, there were more buyers than sellers.Read More
Comfortably Dumb
Stock MarketToday’s the 11th trading session since the Dow Jones Industrial Average made its latest all-time high. That’s a little more than two weeks. But, already, it seems like months.Read More
The Workingman’s Dead
Stock MarketOk. Just a little pinprick. There’ll be no more Ah! But you may feel a little sick. – Pink Floyd, “Comfortably Numb” (1979) They call the CBOE Volatility Index “the VIX.Read More
Goldilocks Is Gone
Stock MarketLook Out Below – 1919 silent comedy short directed by Hal Roach and starring Harold Lloyd and Bebe Daniels From here, it looks like this bull market has, maybe, 5% upside.Read More
The Truth Is the Enemy of the Share Price
Stock Market“Everybody gets pinched. But you did it right. You told ’em nothing, and they got nothing... I’m proud of you.Read More
The “Logic” of War in Central Asia
Stock Market“He’s suffering from Politician’s Logic. Something must be done, this is something, therefore we must do it.” – Antony Jay, The Complete Yes Minister
The Donald just couldn’t wait.Read More
Fox Filter Failure
Stock Market“Abuse of words has been the great instrument of sophistry and chicanery, of party, faction, and division of society.” – John Adams, Letter to J.H. Tiffany, March 31, 1819
It’s a blind spot.Read More