Punch A Hedge Fund Manager In The Head Day…..
I think a much better idea would be to allow disgruntled clients to pay to punch their hedge fund managers in the head.
Chart Of The Day
Not mine….someone else’s. The chart below dropped into one of my junk email accounts. This is a chart of the S&P500 PE ratio – I can see what people are attempting to do when they construct such charts. My interpretation is that they are looking for signs of mania – that is a distortion in…
Surprising Stat Of The Day
This piece was on my weekend reading list and it contains the following surprising stat which I was completely unaware of. There’s frequent evidence for that in economic data, and in the country’s destiny to become ever-smaller, doomed by demographics that will shrink the population from about 127 million today to 47 million in 2100, according to…
S&P 500
One of the markets I trade is the S&P 500 which has been in recovery mode since 2009. However, the action this week seems to have put the wind up a few people – the merest mention of a market going down in October seems to send everyone running for the shelters. Channel breaks are…
U.S. Stocks Top All Other Assets for First Time Since ’95……Bullshit It Does
I snipped the following graphic out of a somewhat breathless exhortation on how good equities had been this year. The graphic proclaims that S&P500 equities had outperformed all other investment classes this year, to which I replied bollocks………. The graphic below is from Finviz and it tracks a wider basket of vehicles – as you…
The Wisdom Of Crowds
I like probably every other person on the planet have a disposable Gmail account that I use to collect rubbish. One of the intriguing things about this account is the specificity of ads that Google generates. All of them relate to trading/investing which means in some way shape or form Google is reading my mail…

