Recent Articles

Cartoonish Reason

Nov. 18, 2018

  Humans have evolved a characteristic need to assign ‘cause’ to events in the environment, so it is not surprising that every tim...

The Established Trend

Nov. 11, 2018

Fear and fundamentals drive and power the market.  We know that news, whether financial or Geopolitical, does not drive or power markets.  T...

Not Systemic

Nov. 4, 2018

  In mammals, fear and memory are intimately tied.  This makes sense within the context of evolution and survival; it is adaptive to be f...

Virtual Entities

Oct. 28, 2018

  Humans think in stories rather than in facts, numbers, or equations, and the simpler the story, the better.---Yuval Harari in 21 Lessons for...

Uncomfortable, but Not Deadly

Oct. 21, 2018

Bull markets are driven by fear, and powered by fundamentals.  Bull markets end in euphoria, and weak fundamentals.  Despite the uncom...

We May Be In The Midst Of A Major Up-Leg

Oct. 15, 2018

We May Be In The Midst Of A Major Up-Leg The stock market has been rising for a decade now, fueled by fear/incredulity and monetary (M2) expans...

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