Category: Markets

  • Thursday Feb 4 2021 I often think we should have a business history class. Manias and ethical lapses are nothing new. We will be asking our teams to address some of these past manias in  our on line classes. The Original Extraordinary Popular Delusions and the Madness of Crowds. https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusions_and_the_Madness_of_Crowds Railway Mania of  1840s UK…

  • thursday January 28 2021   First GME and AMC now Silver and silver miners. What, AOC and Ted Cruz agree in an issue, huh? The markets and government are voting for the hedge funds not the little guy who ran up  GME via options. This is an authoritarian government, ruling by Exec Order rather than…

  • Tuesday Sept  22 2020 One of my 12 steps in Conquer Accounting is to adopt a pattern of reading investment websites as well as the WSJ every day. Today's Tuesday issue is a great example.   Let's get started On the back page fellow socionomist Peter Atwater is quoted commenting on the GM Nikola deal at…

  • Wed August 12 2020 Richard Branson pretty well matches Elon Musk for brash.But Elon is well, flying high, while Richard is not. Brnason's empire is built on travel with airlines and hotels. Both are in bad shape.  

  • Weekend  May 23 2020 Texas Re Opens Never Fight the FED Dr. Marty Zweig, Former Elf on Wall Street Week   I generally think that government interventions are futile, the money never goes where it is needed nor to the people in need of help. But the FED is spending billions every day. I suspect…

  • Tuesday April 21 20020 Crude Oil Kicks off Deflationary Spiral Definition of MacGuffin : an object, event, or character in a film or story that serves to set and keep the plot in motion despite usually lacking intrinsic importance The coronavirus is the McGuffin in the developing deflationary spiral. Alfred Hitchcock was the first to…

  • Posted Tuesday Feb 25, 2020 This column appeared in newspapers this past weekend. Note the last sentence.   Markets Marking Time For Now It shows he’s (Buffett) certainly willing to swing at a fat pitch when it comes across the plate Thomas Russo, holder of Berkshire shares Well Thomas, I would say it shows that…

  • Friday Feb 2 2018 The Correction Begins The Energy ETF XLE reversed course over the last three days, stalled at $78. Energy Service XES is turning down at $19. Momentum is also rolling over. Look for energy prices to peak for the time being. All attempts at calling a top in the stock markets have…

  • Weekend January 14, 2017 Here is a look at the quite unusual VW factory in Dresden Germany. It produces the Phaeton. This was supposed to be the up market VW,but the  public was not willing to pay audi prices for a VW badged product. Phaeton only sold 25,000 cars world wide in four years.

  • Thursday Dec 29, 2016 Amazon is filing Drone Patents faster than you think. Automated fly by air delivery may be closer than we think.   Here is another example of how a machine replaces a human to do repetitive tasks.