sportsguy

The No-News Market Move

A sustainable market move upwards will begin when the loan loss reserves quarterly amounts begin to substantially decrease from extreme levels. That will be news worth reading and acting upon.

The No-News Market Move

the reason why the market goes up is more buyers than sellers. . . the reason that buyers are buying though has so many potential reasons, such as time, price, valuation, redemptions, inflows and emotions, including impulsive ones, expirations, and technical reasons which span both time and price. Abstract and conceptual types tend to disregard the news noise, the concrete and literal types tend to latch onto the news noise as facts. Which type are you?

Is the War Against Systemic Risk Being Lost?

Well said, Prudent man, acquisitions should not be part of executive compensation, organic growth should only be rewarded. Glass Steagall should be brought back, and ETFs which control commodities futures should be made illegal. Community lending act needs to be managed by Freddie or Fannie, not the private sector. Minimum wage needs to be indexed to inflation as technology replaces human jobs, only the service sector will remain as the employer of last resort, until US wages fall far enough to offset the transportation costs from mfg overseas