Crowd Hysteria Doesn’t Stop on a Dime

Feeling dizzy from all the market movements? Think the volatility is worrying? Waiting for “easier” or “better” days to arrive? Don’t. Sure, last week we saw a lot of activity; a close that was down over 600 points,...

A Christmas Bessie, Then and Now…

“So here it is, Merry Xmas Everybody's having fun Look to the future now It's only just begun…” Slade Whilst the good folks of Linlithgow prepare for Santa’s arrival on the other side of the world, we in...

Fear is a terrible thing, but don’t let it scare you

LET IT SNOW “Oh, the markets these days are frightful And our economy’s hardly delightful But to all the pessimists just say ‘No’ Let it snow, let it snow, let it snow….” (Apologies to Sammy Cahn) Checking through...

When Market Fear Becomes a Self-Fulfilling Prophecy

Let’s take a trip backwards to help us look forward. The chart below shows us the Great Recession Lows in March 2009, when everyone REALLY swore they would never invest again. Just about everyone concluded that the market...

Emotions, Algorithms & Misplaced Sentiment

After many years writing the mantra "pray for a correction" some readers have responded with consternation that I can stop now that it’s here. Others have suggested I should consider a more agnostic perspective in future. I understand...

When The Only Way To Win Is By Not Playing The Game…

Needless to say, the market is not cooperating at the moment. It’s short-term frustrating and, oddly-enough, doing precisely what took place right before the last big demographic lift-off; the Baby Boomers of the early 1980s. Equally, the way...

Order More Robots?

Rates are rising because the economy is improving. And if you are still afraid of robots taking your job, well, then you’re missing. The next wave of robots will only make the ground more fertile and rewarding in...

"Let it snow, let it snow, let it snow"

“Oh the ‘market’ today is frightful, and the economy’s hardly delightful But to pessimists just say ‘No’…… Let it snow, let it snow, let it snow” (with apologies to Sammy Cahn) “I find more and more that it...

Something in the Way the Market Moves…

Records are being set in the Holiday Season, and lost in the headlines. And consumers seem just a tad nonplussed by all these suggestions of tariff wars which, at the current levels of 10% on $250 billion in...

FAANGs for the Memories

In a few days it will be our wedding anniversary. Much to my surprise the memsahib has asked to celebrate with a trip to hear the Wiener Sängerknaben yodel a few Christmas carols. I always thought Sängerknaben were...