Rob Roy: Homo Economicus

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Two common market axioms are: “Buy from the fearful and sell to the greedy” and “The crowd is always wrong at extremes”. These concepts are explored in this guest post by Rob Roy, the late Bennet Sedacca’s former partner. […]






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The news which never made the front pages

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“March offered a mixed bag of news but, at least as far as the immediate future is concerned, the news was on balance quite positive. The inventory story, the oil price comparisons and the FASB rule change could very well explain the change of sentiment over the past few weeks and could quite possibly drive the market higher in the short run. On the other hand, for what it’s worth, be careful. The parameters are not yet in place for the revival to be sustainable. My money is therefore on the good times to prove temporary,” said guest contributer Niels Jensen of ARP in London. Read on …. […]






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Good morning sunshine

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Cartoon from 1934 Chicago Tribune – looking familiar?

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Hat tip: Charleston Voice

 

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