Markets Don’t Care How Smart You Are
By admin_45 in Blog

Markets Don’t Care How Smart You Are

“Markets don’t ask why you own a position or how much work you’ve done when they decide if you’re going to make money on it.” That’s something I first heard at the old SAC Capital many years ago and I have never forgotten it. Its...

The US Consumer “Confidence Game”
By admin_45 in Blog

The US Consumer “Confidence Game”

When it comes to determining the health of the US consumer economy, there are really just 2 key issues. The first is the “ability to spend” (employment levels and wage growth). The second is “desire to spend” (consumer confidence). We...