Canceling the Noise; Not by Bread Alone Part XI
First a quick reminder about statistical errors: Type I error implies the rejection of a hypothesis that is true. Example: Nowadays, Google is a cheap stock. If the hypothesis is true and we reject it, then the loss is the opportunity to profit from a cheap valuation,...When the Streams and Rivers of History Meet the Ocean of Changes: Market Reflections
With little doubt, we are at a historical inflection point from a geopolitical and geoeconomic perspective. The influence of Russia is shrinking (especially in the energy sector), Erdogan in Turkey plays a uniquely ambiguous game, the EU is still searching for a...Downturn: Monetary Regimes, Disintermediation, and Financial Markets
Many commentators have been discussing lately the similarities between the 1970s and the inflationary pressures of today. Others have expanded their analysis by incorporating stagflationary issues into their comments. We certainly can see some similarities to the...Canceling the Noise; Not by Bread Alone Part X
Thursday, May 5th was quite brutal for both stocks and bonds. The Nasdaq dropped by 5% while the S&P 500 lost 3.6%. Of course, that was after Wednesday’s unexpected rally. The markets are looking for direction and for an equilibrium from where they could start a...Sign Up for Our Publications
