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Category Archives: Economy

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Diary Of A Pro Punter

Economy, Market Wizards, Trading PsychologyBy Chris TateMay 10, 20141 Comment

This is actually quite interesting. Tuesday The working week almost always commences on a Tuesday, when I’m generally in the office by 8.00am.(Editor’s note: This ‘office’ is in fact larger than most houses. It is a lavish three bedroom, two bathroom, $1 million-plus penthouse with rooftop entertaining area and pool.)  Tuesdays are largely set aside…

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The Richer You Are the Older You’ll Get

Economy, Health and FitnessBy Chris TateMay 8, 2014

Obvious but interesting. More here – WSJ  

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FX Is The Most Volatile Market On Earth…..And Rhino’s Are Merely Fat Unicorns

Currencies, Economy, Get Your Shit Together, Morons I have metBy Chris TateMay 6, 2014

One of the joys of keeping odd hours is that you hear all sorts of things that make you go WTF. So I was not surprised to hear in the wee small hours someone extolling the virtues of FX. Their basic pitch was FX is the most volatile market in the world .Therefore, this translates…

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A Day In The Life Of A Billionaire

EconomyBy Chris TateMay 5, 2014
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A Self Fulfilling Fantasy

Charting, EconomyBy Chris TateApril 28, 20142 Comments

I came across this interesting piece on the British Psychological Society website. You can read the article in full at your leisure but I wanted to look at one particular piece of the article. In short the article looks at the gamblers fallacy – that is the notion that after a series of losses that…

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S&P 500 Day By Day…..

Economy, International MarketsBy Chris TateApril 24, 2014

I came across this image on Bespoke – those folks who generate arrays of dazzling data very few of which are in any way helpful to market participants. It shows the daily change on the S&P 500 since January and I have no idea why this would be of interest but I thought I would…

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This Guy Got $58 Million for 15 Months of Work

EconomyBy Chris TateApril 22, 2014

Henrique de Castro was booted as COO by Marissa Mayer after she personally poached him from Google about 15 months earlier. Mayer said de Castro “was not a fit and that’s a regrettable conclusion,” but he still walked with $58 million in salary, bonuses and stock. Source – Time I could be twice as incompetent…

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The Daily Show – Matt Taibbi

Brokers/Fund Managers, Economy, Get Your Shit TogetherBy Chris TateApril 9, 2014

I have held the opinion that Matt Taibbi formerly of Rolling Stone is currently the best financial journalist going around. Here he is on the Daily Show talking about his new book The Divide. Click the image below to be taken to the show.

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NASADAQ Woes

Economy, International MarketsBy Chris TateApril 8, 2014

Since the NDX has had a bit of a hissy fit and has stumbled out of bed I thought i would take at a few of the structural elements that might be making things a little bit bumpy for tech related issues. On a casual viewing it seems as if the new disruptors are the…

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