Recent Articles
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...
A Good Offense Is Not Always A Good Defense
Oct. 7, 2018
Emotional, angry, obtuse, petulant, and partisan with an underlying sense of entitlement are not characteristics that describe Supreme Court Justi...
A Classic Bull Scenario
Sept. 30, 2018
Interest rates are moving higher, earnings are increasing 25% year/year, and the political climate could be getting more uncertain. This has bee...
Markets and Projectiles
Sept. 21, 2018
In some ways, the market is like a projectile; it launches, it reaches a maximum height, then it falls. The maximum height reached by a projectile...