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Tues@11



Anticipating the anticipations of others
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Artificial Economy
This market is destroying any remaining notion that the stock market is equivalent to the economy. Banks are shedding bankers, real...


Overweight and See
With the definitive topping out of bond yields based on this morning's news and the reflexive bounce in equities, the average investor...


The Ignorance of Crowds
“I do not believe in the collective wisdom of individual ignorance.” Thomas Carlyle, Scottish philosopher and historian My hopes,...


Dimon Bottom 2.0
JP Morgan's CEO Jamie Dimon has enjoyed a storied career on Wall Street. He has a first-tier resumé that includes stints at Boston...


Buy Sheep, Sell Deer
Was that it? Is it over just because Bill Ackman said so? Can we buy bonds now? Can the long-suffering Bondies finally get their mojo...


Death Metal
No, this isn't a group of bond managers after their morning meeting. These are representatives of a nihilistic genre of heavy rock known...


Listen To Your Doctor
My favourite indicator is getting ready to make a diagnosis. It coincides with my favourite time to be a speculator -Q4. But before you...


Safety Sucks
The repetitive patterns that we count on are once again on full display. Good news. A typical seasonal October low is in the making! Now...


Getting Real
I love it when somebody says "Get real". It's both uncomfortable to hear but ultimately refreshing. But we often need a much-needed dose...


The Dot Plot Thickens
When will this market quit? Confused? Don't worry, you just need to read the plot. Those among us who have adhered to the lessons learned...
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