Blog: High Macro, but Low Market Uncertainty?
Positive near term sentiment is offset by less positive long term fundamentals.
More issues
Blog: Measuring Risk Sentiment
Risk changes, not the appetite for risk.
Blog: Inflation, "The Man Who Came to Dinner."
Inflation and high interest rates will not be going away.
Blog: Skill vs. Luck in Markets
Don't confuse genius with a bull market.
Blog: Bitcoin Creates a New Type of Moral Hazard
A national "reserve" of an unregulated asset seems unlikely.
Flash Report: Market Uncertainty shifts to Neutral
Blog: The Fractal Market Hypothesis, 30 Years On
While still an "alternate" idea, research continues to support the FMH.
Blog: Disruption, Speculation and Money
Is crypto like a banana taped to the wall?
Blog: Brief Market Uncertainty Update
Feeling under the weather, so I'm going to make this post brief.
Despite the drop in raw implied volatilities and the rise in interest rates. The Market Uncertainty State Indicator (MUSI) remains at the Fragile reading. Aside from equity uncertainty:
Blog: Bitcoin Post Election Analysis
It's still not investing.