John Silvia: What keeps us up at night?

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“Three issues keep us up at night. They are the basis of what we see as fundamental movements in the economic sphere that are being met by policy makers in only a superficial way. Over the last year, we have repeatedly seen that these superficial monetary and fiscal policy moves have been ineffective in dealing with the three issues we will address here. We believe policy is piling on the Band-Aids while the source of the bleeding is left unattended,” said John Sylvia in this short guest post. [...]

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Recipe for a rally: Add two teaspoons of confidence

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By Shaun le Roux

The market is enjoying a decent rally.  At last!  In early March the JSE’s All Share Index found itself languishing below 18 000 and very close to last November’s lows.  Now, it is back above 21 000 and a full 18% up from the lows of a month [...]

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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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