Month: January 2018

We tend agree with the old trader’s adage that “Retail investors open the market and institutional investors close it.” Domestic US Google search volumes for the term “stock market” typically peak…

We will withhold judgment on today’s US equity market selloff for a few reasons: After the rush into equities this month, it makes sense to expect a modest pullback as…

Of all the talks at Davos last week, one was closest to our mandate for this section of our daily notes: “Big Tech, Big Impact”. The speakers were: Matthew Murray. Executive…

I don’t use Uber very often, but I can still remember the first time I saw “Surge pricing” in action. It was a rainy and cold Thursday night and I was…

“A strong dollar is in the long term best interests of the US.” Those simple words are something called the “Rubin doctrine”, after 1990s Treasury Secretary Bob Rubin. Most of his…