Mon, 7 January 2019
Like the much vaunted butterfly affect, so too with financial markets and debt. We go merrily along out way thinking everything is fine, only to discover that we were wrong. While we totally mis-called the market from 2011 to late last year, eventually the chickens come home to roost. And then Apple has a major miss and the market can't stop going down. But wait, the next day everything is fine and the market goes way up. There's something happening here, but what? |
Mon, 7 January 2019
If the purpose of a market is price discovery then clearly there's something major wrong with what passes for markets today. Numerous times throughout the day, questionable series of transactions take place which leads markets heading in a direction that is favorable to the powers that be. When will markets begin to serve their primary function? And what about those yellow vests in France, why have their protests been completely ignored by the lame stream media? Obviously things are not nearly what they appear. And old man debt just keeps rolling along. |
