Category Archives: On Markets

Indian Summer

It is said that the market climbs a wall of worry. That is certainly so in the first leg up. Just when it seems the problems of the recent depression are being dealt with, a break in the action pulls … Continue reading

Posted in On Markets | Comments Off on Indian Summer

All But Over

Don’t think. It’s the best advice I can give you. —from Isaac, by Ray McManus This will be my last essay on stocks for the remainder of the Grand Supercycle bull market. The preferred scenario is for the correction underway … Continue reading

Posted in On Markets, Socionomics | Comments Off on All But Over

When Words Fail Me

There is always an abundance of stupid stuff going on at big market tops. This one is a stunner: The VIX is a sentiment indicator that shows the implied volatility ahead. Low volatility is associated with rising markets and high … Continue reading

Posted in On Markets | Comments Off on When Words Fail Me

On Nature’s Way

The real trouble with this world of ours is not that it is an unreasonable world, nor even that it is a reasonable one.  The commonest kind of trouble is that it is nearly reasonable, but not quite.  Life is … Continue reading

Posted in On Markets | Comments Off on On Nature’s Way

Antifragility: Nature’s Cure For Dystopia

I try not to finagle God. Some days go better than others, especially during elections years. I ask that God’s will be done, and I mostly sort of mean it. —Anne Lamott To survive, natural systems have to periodically get … Continue reading

Posted in On Markets, Socionomics | Comments Off on Antifragility: Nature’s Cure For Dystopia

Correlations That Count

But small stalks in the sun speak a harder truth— everything unwilling to change will die, everything that changes only dies a little –Ray McManus, from Red Dirt Jesus Feeling comfy with a 401k full of stocks? Might do to chew … Continue reading

Posted in On Markets | Comments Off on Correlations That Count

High Confidence, High Risk

Sauve qui peut! I used to read The Economist Magazine. Great reporting, written in prose that brought out the Anglophile in me, made me feel smart. Too bad it didn’t help me with what I most wanted, which was to know … Continue reading

Posted in On Markets | Comments Off on High Confidence, High Risk

A Perspective For The Big Picture

What has been will be again, what has been done will be done again; Ain’t nothing new, baby! —Ecclesiastes 1,9 I’m taking Cindy’s mom back to Jacksonville and she asks me what I think will happen in the markets. I tell her. Now, she wants … Continue reading

Posted in On Markets, Socionomics | Comments Off on A Perspective For The Big Picture

America Worst

The Zen Master would say if you want to change government, you have to aim at changing corporations, and if you want to change corporations, you first have to change the consumers. Whoa, wait a minute! the consumer? That’s me. … Continue reading

Posted in On Markets, Socionomics | Comments Off on America Worst

Data Fitting: A Scurillous Practice

Buy some good stock, if it goes up, sell it. If it don’t go up,don’t buy it —Will Rogers An international brokerage firm with hundreds of thousands of fee paying clients is out with its quarterly report. The headline for the report … Continue reading

Posted in On Markets | Comments Off on Data Fitting: A Scurillous Practice