Whale Beaching
It has been a long time since I wrote my last piece about the market. And as I am not a specialist of the bond market, I will stick to the equities and the “stocks only go up” narrative. One
2503, 2021
1603, 2021
Perseverance: Looking for Signs of Free Market Activity on Earth
“Beyond a critical point within a finite space, freedom diminishes as numbers increase. This is as true of humans as it is of gas molecules in a sealed flask. The human question is not how many can possibly survive within the
0303, 2021
It’s the Complexity Stupid
I have received interesting questions about concepts like econophysics and self-organized criticality. As I plan to dedicate a future article to that new discipline named “econophysics”, the focus of the present post will be set on complex systems, nonlinear dynamics
2701, 2021
Ready Player One
The past five days have been unique as we have seen something that no one would have imagined before. A mob of retail traders (aka “WallStreetBets”), interacting on social media platforms like Reddit, and willing to “exterminate” hedge funds by
1301, 2021
Achtung Baby
“What more can I do?” In 1990, this mere question asked by to David Evans (aka “The Edge”) to Larry Mullen Jr almost led to the split of U2, one the most famous rock bands of the past forty years.
3112, 2020
New Year Is Coming: The Biggest Disconnect Ever
Dear readers, Above all, I wish everyone a happy new year 2021. After ten months of pandemic, curfews, and lockdowns, I am sure that we all want our lives back soon. Hopefully, vaccines may drive a form of “return to
1812, 2020
Santa Claus Is Coming to Town (With a Mask)
2020 is about to end. And it has been a year that we will never forget. Whoever you are, whatever your job or personal situation, this pandemic is very likely to have impacted your life. Fortunately, the dramatic sanitary situation
0412, 2020
Black Holes and Revelations: Kondratiev Waves, Infinite QE and Economic Spaghettification
Many people do worry about the impact of quantitative easing and infinite bailouts policies. But many of them believe that authorities do not really have the choice. “Is there any alternative?” That is the right question. As already explained in
2611, 2020
Welcome to Fabulous Wall Street
A few days ago, Jim Cramer said: “It’s the most speculative market I’ve ever seen. You can’t lose in that market. It’s like a slot machine that always pays out. I’ve not seen this in my career.” And Jim is
1711, 2020
The Western Minority Report
A few days ago, we learnt that Joe Biden and his team were considering Janet Yellen as a serious candidate for the next Secretary of the Treasury position. According to betting markets, Lael Brainard may be also well-positioned for the