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Tues@11



Anticipating the anticipations of others
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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...


Turn,Turn,Turn
As a long-forgotten poet once wrote, to everything there is a season, turn, turn, turn. Full marks to those of you who can guess the guy...


The Pause That Depresses
What do we make of the last six months? Once again, the market has done the thing that makes the most people wrong. Dire forecasts of...
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