Market Gyrations: Underlying Causes and Spillover Effects
Yesterday’s market moves could be well-characterized by one word: Wild. By early afternoon, all major indexes were approaching correction territory, trending down more than 10% from their recent highs. At some point, the Nasdaq was down almost 5% for the day, and the...Investment Landscape 2022: Market Epicureans vs. Market Stoics
Strato of Lampsacus stepped out of the boat that had just docked at the Alexandria, Egypt port. At that moment, he knew that this was the right place for the rejuvenation of Aristotle’s Lyceum that had lost its shine and influence in Athens. The proper study for the...Contemplating an Allegory on Money, Markets, Worldviews, and the Principle of Li: A Conversation Among Joseph Schumpeter, Hermas, Pieter Bruegel, and James Maxwell
As I was approaching the gate at the Colorado airport for the flight to Sao Paolo, I was curious to see who my co-travelers would be this year. When the invitation for this year’s flight arrived just before Thanksgiving, the subliminal message was that Maxwell and...Thinking about the Markets’ Paedagogus: Maxwell’s Demon and Hermas Contemplate the 2022 Trajectory
Over the weekend, I received my invitation for the legendary end-of-year flight where I am privileged to listen to dialogues of well-known persons. The subliminal message in this year’s invitation was that Hermas (the famous author of The Shepard) and Maxwell (the...Sign Up for Our Publications
