Monthly Archives: January 2016

The broker community is as always, predictable and harmful to client savings. The papers are full of the industry’s usual self-serving slop this morning. This chart courtesy of Cory Venable captures the truth about the typical “advice” cycle well.

After 4 years of over-confidence about the powers of central bankers, market psychology is now swinging from believing in magic to recognizing downside risks to previous irrational expectations. That doesn’t make the sell off to date irrational, not yet anyway. … Continue reading →

Noting that introverts and outsiders were heroes in ‘The Big Short’ (the film version of which was today nominated for 5 Oscars including Best Film and Best Director) a client suggested this TED talk and Cain’s book “Quiet:  The power … Continue reading →