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...Yes, Market Timing is Still a Bad Idea
I received an interesting memo from our “Questions No One is Asking” department this week: Is market timing really all that bad? “Of course it is,” I scoffed. “Any freshman finance major could tell you that!” But before I threw the...Canceling the Noise; Not by Bread Alone Part IX
We all know it by now. The Nasdaq lost 13% just in the month of April and is down more than 21% since the start of the year. As for the S&P 500, it lost almost 9% in April alone. Darlings like Nvidia and PayPal are down 32% and 24% respectively since the beginning...Baffling Landscapes: Declining Markets, Ockham Razor’s, Putin, and Verdi’s Spy
Baffling Landscape One: By the time Grosseteste died in 1253, Oxford had become the Aristotelian stronghold. Two Franciscans who followed him pushed knowledge to new intellectual heights that not even Thomas Aquinas could have imagined. The first was Roger Bacon who...Sign Up for Our Publications
