Now What Was I Was Saying….
….about the last candle merging with volume….
The Halo Effect: Bad Forecasts by Billionaires
This week, the real estate mogul and billionaire Sam Zell said, “There is a high probability that we are looking at a recession in the next 12 months.” The culprit, he told “Bloomberg Go,” was the strong dollar and slowing global trade, the beginnings of layoffs at multinational companies and a general lack of demand. The bears of…
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Armchair Commentary
Commentary on matters financial has always fascinated me because it reveals a great deal about those offering it. During the pandemic, we had people who at one stage were complaining that their 10 years old science homework was too hard also giving commentary on matters ranging from the intricacies of immunology to public health. Currently,…
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What’s The Fuss About
The chart below is of the RBA cash rate – if you blow the chart up and squint really hard you can see the recent rise in the cash rate. Apparently, this return to normal transmission where interest rates do something other than go down continually is causing a few people to have conniptions. Taking…
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And The Surprise Is?
Research houses that are paid by fund managers to be rated are more likely to generate positive ratings, according to a new report from Deloitte Access Economics. More here – The Age PS: to be honest this is not new and has been known for several decades.
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RBA Wisdom
With the usual seasonal bleating about the RBA it is worth revisiting some wise works from Messers Clarke and Dawe.
The AlphaMind Podcast – 2010 Flash Crash
A young man amasses $70,000,000 in trading profits, is accused of causing one of the biggest Stock Market Crashes ever, is the subject of a major US govt investigation and a multimillion-dollar manhunt, and all from his upstairs bedroom, in his parent’s modest house, in an ordinary London suburb, without his family or friends having a…
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The Worlds Largest IPO’s
Visual Capitalist has generated a graphic on the world’s largest IPO’s – they also include this listing in tabular form which I have scrapped and dropped into Excel for readability.
A Columnist Makes Sense of Wall Street Like None Other
On April 20, something occurred that was unprecedented in the history of financial markets: The price of oil went negative. It wasn’t the case that the cost of a barrel had fallen to some scary-low number. It actually went below zero, meaning there were traders out there who would pay you to own oil. It…
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