We’ve said it before and we’ll say it again: China’s equity mania truly is the gift that keeps on giving, and not just for those who are riding the wave, but also for those who, like us, appreciate the humor in a giant, margin-fueled bubble that’s captivated millions upon millions of semi-literate housewives and banana vendors turned day traders.While there […]
by Charles Hugh-Smith The trade only works if everyone is lulled into staying on the long side until it’s too late.Let’s try a thought experiment: suppose we’re players in the stock market, Wall Street insiders with real leverage and connections to the Fed. You know, the kind of player who can reverse a decline in the S&P 500 with an order […]
Submitted by Charles Hugh-Smith of OfTwoMinds blog,The trade only works if everyone is lulled into staying on the long side until it’s too late.Let’s try a thought experiment: suppose we’re players in the stock market, Wall Street insiders with real leverage and connections to the Fed. You know, the kind of player who can reverse a decline in the S&P […]
The bull market has warped your brain.For the better part of the past year, stocks have offered nothing but backslaps and high-fives. Your favorite names streaked higher. Your losing trades were few and far between. And most importantly, every single setback miraculously ended in furious buying and another round of new highs for stocks…That’s why you’re convinced we are now […]
In honor of yet another all-time high in the S&P 500, I have a quick question for you…If you had a spare $1,000, where would you invest it?If your answer has anything to do with the stock market, you’re in the minority.Shocking, isn’t it?A Gallup poll posed this question in a survey in January — shortly after the previous all-time […]
AT&T’s ‘Lilly’
“It’s Not Complicated” may have been its name, but the insights that drove one of AT&T’s most successful ad campaigns ever were based on a massive three-year big-data project that was plenty complex.The campaign featuring comedian Beck Bennett and little kids in a classroom was the product of a three-year project. It involved an analysis of 40 […]
