Update On The Predictable “Bull Trap” Of New-Highs...
The predictable “bull trap” of new-highs false breakouts continues to set up and it will whipsaw unsophisticated bullish...
Stocks soar, Treasuries yawn
As I’m not sure whether the equity market rally yesterday was on the belief that the Fed will embark on more policy steps or will...
Complexity, Context, Probability & Bias
No one seems to remember the second part of Occam’s razor as rumored1 to be stated by Albert Einstein: “Everything should be...
Here’s The Thing: Lorne Michaels Interview
> Alec Baldwin does a great job on these interviews, has a great voice, and really gets people speaking: Lorne Michaels is one of the...
What’s Your Perception Strategy?
Stephen Anderson: If we focus too much on content, we ignore what we know about how our associative brain comes to makes sense new...
10 Monday PM Reads
My afternoon train reading: • Havana Gets a Taste of the Free Market (Spiegel Online) • Bipartisan Support in Washington for 401k...
Paul Volcker, the Chairman
Paul Volcker was Chair of the Federal Reserve under Presidents Carter and Reagan, and most recently led the Economic Recovery Board under...
What’s Fisher thinking today?
On Feb 15th, Fed Pres Fisher said “Wall Street keeps dangling QE3 out there. I think it’s a fantasy of Wall Street,...