Category Archives: Main Page

HFT creating fantasy volume to lure in other investors

Financial markets today have a plethora of fundamental problems and instabilities magnified by intentionally opaque disclosure and liquidity juiced, over-valuations. And on a technical note, HFT has turned fund flows into a freak show of farce, fraud and fantasy. (“But … Continue reading →

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BIS boss to central banks: time to back down

The Bank of International Settlements (BIS), the banker to the world’s Central Banks, this weekend released its 83rd annual report. The conclusions are candid, reasonable and precisely what liquidity-addicted markets and traders were not expecting to hear [ever]. After 6 … Continue reading →

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Equity market mean reversion: progress continues

This week accomplished some important downside work in the necessary mean reversion of over-valued “defensive” equity sectors and markets. The below chart is an update showing the gap that is slowly closing between the cycle leaders: energy, materials and mining … Continue reading →

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