Panic First, Analyze Later?
A few emerging market currencies came under pressure last week and panic spread until it engulfed most major equity markets. Why, you ask? What does a weak Argentinian Peso or Turkish Lira [...]
A few emerging market currencies came under pressure last week and panic spread until it engulfed most major equity markets. Why, you ask? What does a weak Argentinian Peso or Turkish Lira [...]
Markets are information digesting mechanisms. At the beginning of this year, there have been more cross currents of information than usual. Many investors wanted to book [...]
Here is the latest issue of Perspectives newsletter. rc-2014-Q1-newsletter (PDF)
The first week of trading is looked upon for clues as to the course of the stock trading year. However, the correlation is only 50.6%; barely better than the flip of a coin. How the [...]
Happy New Year; the first two trading days of the year last week saw some investors take profits from last year’s terrific market performance. It probably didn’t mean [...]
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