Canceling the Noise; Not by Bread Alone Part XII
The mark of a true statesman (really, of any leader) is magnanimity combined with moderation, justice, courage, foresight, prudence, a genuine concern for the public good, and temperance. Which of these features should be part of our institutions (government,...
Never Say Never
Bob Farrell’s 10 Market Rules for Investing is a timeless list of wisdom which immortalized the strategist. After studying under Benjamin Graham and David Dodd at Columbia, Farrell worked at Merrill Lynch for 45 years and eventually became their Chief Market...
Weekly Market Update
Rachel Poole Mustor | June 25, 2022 Global Market News Global equities rebound Global equities were higher on the week with markets rebounding sharply Friday afternoon. The S&P 500 and Dow Jones advanced 6.45% and 5.39% respectively, while the Nasdaq jumped 7.49%....
The Day After & the Era of Transformation
Introduction: For today’s look at the Day After, we examine four areas where stability is threatened by world events. The first of these is energy markets, where the Russian invasion of Ukraine has brought to light the need to balance the competing interests of...
Uncertainty in the Garden of Nemesis: Markets, Archimedes’ Circles, and Hegelian Opera
Archimedes' Circles, applied to economic stability. Click for animation. The year was 212 BCE. Archimedes was contemplating, and as he turned over his shoulder, he saw a legionnaire Roman ready to end his life. “Do not disturb my circles,” he shouted. The...
Weekly Market Update
Global Market News Global equities drop furtherMarkets had their worst week since the beginning of the pandemic, dropping as inflation fears persist. The S&P 500 and Dow Jones closed the week down 5.80% and 4.79% respectively, while the Nasdaq declined 4.78%. The...
Crossroads
At the Intersection of Geopolitics and Geoeconomics June 17, 2022 | Volume 5, Issue 6| Rachel Poole Here is a summary of the most important events that unfolded over the last month, and which may affect economic, financial and geopolitical issues in the months ahead:...
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,...
Geopolitical Challenges and Statecraft
For this week’s geopolitical look, we take a look at the “bad guys” of the international stage. We begin with an analysis of the de facto blockade of Odessa and other Ukrainian ports, stifling the flow of vital commodities out of the resource-rich country. We also...
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...
