If you live in Eastern Australia you couldn’t help but notice that over the weekend it rained a little. This rain was both preceded and accompanied by warnings of an impending apocalypse. A succession of emergency service personal and politicians told me that the end of days was upon us and that we were all…
One of the most interesting things about markets is that they are not an homogeneous ecology – those who lack experience in trading or investing tend to speak about equity markets as if every segment is exactly the same as every other segment. It is obvious that the market is split into segments based upon…
The WSJ generated a neat little chart that put the rise of Bitcoin this year into context by dropping it in a timeline with other speculative bubbles. One of the joys of longevity is I remember all of these bubbles and have participated in all bubble since the 1980’s stock market boom and the life…
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