Obviously not, right?
What advice could possibly benefit you if the person lost thousands, possibly tens of thousands of dollars before lucking out and striking it rich?
Finance articles are littered with survivor bias — something important to know when facing a barrage of unsolicited advice from nobodies suggesting what to do with your money because i… Read more
Scott Adams, Dilbert cartoonist, calls him a “master persuader”.
Perhaps it’s time to give credit to the fashionably unlikable president and acknowledge that Trump knows how to talk. It’s probably also time for most hardcore partisans, whether they are for or against Trump, to start looking at issues pragmatically rather tha… Read more
Stock market falls 10% as Trump suggests trade tariffs.
Gold stocks rise on rumours of Federal Reserve looking to inject more stimulus into the economy.
Oil tumbles around escalating tension between Iran and Saudi Arabia.
BitCoin falls 20% amid Korea talk about cryptocurrency regulation.
Do these headlines sound familiar? Mainly becau… Read more
Yesterday, I posted an article from Bloomberg that made a haste claim that economic advisors in China were recommending halting the purchase of U.S. treasuries.
On the same day, an Associated Press article claims it was fake news.
Clearly, between the two news outlets, one of them is lying (a persistent problem lately, it appears). The mainstream media h… Read more
With U.S. markets and arrogance at record highs, China thinks now is the right time to go for a king side attack and checkmate.
On the world chess board, Trump and his administration have went all-in on their persuasive strategy to attract as many investors to the U.S., verbally claiming full ownership of the economy realistically propped up by decades of Key… Read more
Particularly in the U.S., whose markets have thrived under a psychological uptick from Trump and the current administration, I fully expect to witness the historical pattern that accompanies my “psychology in the short term, fundamentals in the long” economic mantra.
While people are spending like no tomorrow with the hope of future earni… Read more
Scott Adams, author of Dilbert and self-proclaimed hypnotist, believes that persuasion is the dictating force in a world where facts don’t matter.
I largely believe he is right. However, I believe that psychology is what influences the short-term future. In the long term, the trend is dictated by facts and fundamentals.
We are talking about the tre… Read more