It’s Not Complicated, We’re Headed For A Recession… [DIRTY DOZEN]
In all markets, price extremes are usually attended by a consensus that the trend, be it up or down, will continue; and by a peak of speculation in line with the trend. Hence the excruciating paradox of financial markets, that sentiment is most bullish at the peaks when prices have only one way to go […]
A Mutant Selling Deformity…
“The more humans try to be half-gods, the more they become half-monsters.” ~ Nassim Taleb Taleb’s “half-monsters” quip is in reference to a point he made about modern-day Olympians and how systematic overoptimization had corrupted the original spirit of the contest. He went on to write: “There used to be a distinction between an athlete […]
