Category Archives: Main Page

Strong hands to weak–and so it goes

Posted on January 3, 2022 by Danielle Park

More than $1 trillion of trend-following capital flowed into global equity exchange-traded funds (ETFs) over the past year–exceeding the combined total of the past 19 years (data: Bank of America Corp. and EPFR Global.)  The chart below offers a visual … Continue reading →

Posted in Main Page | Comments Off on Strong hands to weak–and so it goes

2021: an excellent year for the unscrupulous

Posted on December 30, 2021 by Danielle Park

Fuelled by crypto, SPACs and commission-motivated promoters, there were 1,110 initial public offerings globally in 2021 (3x the average of the past decade).  As shown below, two-thirds of them are ending the year with losses. It is important to understand … Continue reading →

Posted in Main Page | Comments Off on 2021: an excellent year for the unscrupulous

Fed induced asset bubbles have a history of bad endings

Posted on December 29, 2021 by Danielle Park

Valuable historical context for the Fed’s bubble-blowing antics in this Politico article around former FOMC member and QE dissenter Thomas Hoenig.  See The Fed’s Doomsday Prophet has a Dire Warning about Where We are headed.  Here’s a taste: As a … Continue reading →

Posted in Main Page | Comments Off on Fed induced asset bubbles have a history of bad endings