Are the wheels coming off the mad rush into the brave new world of high tech (with driverless vehicles, flying cars, drone deliveries of your groceries through your open window into your kitchen(!), 100% renewable energy globally, etc)? I see today that Branson’s Hyperloop One
I have been describing a whole slew of sentiment indicators here from the COT, AAII surveys, Investors Intelligence surveys, DSI surveys and all are saying the same thing loud and clear – bullish mania is extreme. Of course, these indicators are no magic timing indicators
As US stock indexes (and not many others) are making all-time highs with the Dow famously topping 20,000, the chorus of doubters gets louder and louder. The vast majority of conventional analysts/gurus/pundits simply cannot believe their eyes. While US company earnings have declined for many quarters
I recently came across this quote from the infamous James Joyce novel Ulysses: “The movements which work revolutions in the world are born out of the dreams and visions from the peasants’ hearts. ” He was writing in the early 20th Century where there were
Remember when bad news was good and vice versa? When an utterly dreadful set of US economic data was released (a pretty common occurrence last year), investors cheered – and drove stocks ever higher. The thinking was that the Fed would then be moved to
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