….about the last candle merging with volume….
This week, the real estate mogul and billionaire Sam Zell said, “There is a high probability that we are looking at a recession in the next 12 months.” The culprit, he told “Bloomberg Go,” was the strong dollar and slowing global trade, the beginnings of layoffs at multinational companies and a general lack of demand. The bears of…Details
Commentary on matters financial has always fascinated me because it reveals a great deal about those offering it. During the pandemic, we had people who at one stage were complaining that their 10 years old science homework was too hard also giving commentary on matters ranging from the intricacies of immunology to public health. Currently,…Details
The chart below is of the RBA cash rate – if you blow the chart up and squint really hard you can see the recent rise in the cash rate. Apparently, this return to normal transmission where interest rates do something other than go down continually is causing a few people to have conniptions. Taking…Details
With the usual seasonal bleating about the RBA it is worth revisiting some wise works from Messers Clarke and Dawe.
A young man amasses $70,000,000 in trading profits, is accused of causing one of the biggest Stock Market Crashes ever, is the subject of a major US govt investigation and a multimillion-dollar manhunt, and all from his upstairs bedroom, in his parent’s modest house, in an ordinary London suburb, without his family or friends having a…Details