Ever wondered why markets work the way they do? This might help.
As October approaches once again we begin to see in the press the usual moaning and wailing about the impending implosion of the market and not doubt as October gets closer and closer this gnashing of teeth will reach a crescendo. October occupies a singular fascination for the ill-informed courtesy of two events – the…Details
I came across this fabulous old chart that looked at the relationship between blast furnace activity and the US stock market from 1892 to 1924. Macro analysis used to have a bit of a lag.
Almost 42 years ago……
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