The Oedipal Complex Market Selloff
By admin_45 in Blog

The Oedipal Complex Market Selloff

We tend agree with the old trader’s adage that “Retail investors open the market and institutional investors close it.” Domestic US Google search volumes for the term “stock market” typically peak between 9am and 10am every day....

It’s Boeing’s Dow; We Just Live In It
By admin_45 in Blog

It’s Boeing’s Dow; We Just Live In It

We will withhold judgment on today’s US equity market selloff for a few reasons: After the rush into equities this month, it makes sense to expect a modest pullback as we roll through the final days of January. As Plautus said, “Moderation in...

Crypto Currencies and Transaction Fees
By admin_45 in Blog

Crypto Currencies and Transaction Fees

I don’t use Uber very often, but I can still remember the first time I saw “Surge pricing” in action. It was a rainy and cold Thursday night and I was in a part of NY with little access to public transport. After consulting the app, I saw...

The Mnuchin Weak Dollar Policy
By admin_45 in Blog

The Mnuchin Weak Dollar Policy

“A strong dollar is in the long term best interests of the US.” Those simple words are something called the “Rubin doctrine”, after 1990s Treasury Secretary Bob Rubin. Most of his successors have held to that basic message, although in...