Alphameister

Is This the Beginning of a New Secular Bull Market?

Very shallow and disappointing article. An ignorant statistician might compare the current rally to the average rallies of the past hundred years and draw bullish conclusions from such an exercise. A perceptive analyst would be more inclined to compare this rally to the 1938 market rally and explain why he's convinced things will be substantially different this time around. Even if the lows have been seen in March (as I deem likely), this is a cyclical bull in a secular bear market and the accompanying economic cycle is on very shaky ground.

The Differences Between Chinese and U.S. Economic Recoveries

The problem with "environmentalists" is that the welfare of the human species seems consistently to be at the bottom of their prioriies. It has become a religion that attempts to bully non-believers into compliance. Ever since a writer for the U.S. Fish and Wildlife Service, turned her passion for the welfare of fish and fowl, into a passionate, fatally flawed diatribe against DDT (estimated to have saved as many as 100 million human lives) by virtually eliminating malaria, there has been this insane religion seemingly determined to restore the planet to all its natural beauty without regard for the consequences to its human inhabitants. The result: we now have plenty of American eagles but several hundred million or so new human malaria sufferers worldwide because of the success of environmental "missionaries" in persuading governments of tropical lands to ban DDT.

www.reason.com/news/sh...

Al Gore was a champion of Rachel Carson and today he's a champion of the global-warming crowd. Not hard to understand the skepticism of many Americans regarding this latest environmental crusade.