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Stocks

Odd or Resilient? European Banks

When I look across the European banking sector, the charts are disturbingly weak. After Jay Powell’s presser, one of the things he mentioned was...

March 24, 2023

Stocks

Baltic Dry Index as Leading Indication

The Baltic Dry Index (BDI) makes for an interesting, but imperfect, leading indicator for the movements of stock prices. I don’t know exactly why this...

March 24, 2023

Stocks

Tickers Still Bullish

The SPY is down twice now after the FOMC, where Powell continued to hike rates with another 25BPS. Despite that, there are still many...

March 24, 2023

Politics

Karl Marx Was Not an Economist

Despite the massive intellectual feat that Marx’s Capital represents, the Marxian contribution to economics can be readily summarized as virtually zero. Professional economics as...

March 24, 2023
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