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Stockmarkets

There will be a little pain in the stockmarket

Today is the day. By the time you read this, the temporary exemption to Donald Trump’s tariffs will expire. Much of the world will be subject to steel and aluminium tariffs when exporting to the US. Ironically enough, it’s also…

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The Best Bet for U.S. Stocks

BUENOS AIRES – Our stay in Argentina was cut short. One of our two daughters had a baby. We hasten thither to see her, our fourth grandchild. In the meantime… Usual Errors What we were getting at last week was that there…

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The Source of America’s Economic Illness

SALTA, ARGENTINA – Up, down. Up, down. What to make of it? The stock market is in denial, struggling with the idea, not quite willing to give in… not quite willing to admit that the bull market of 2009–2018 is…

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Overheard in a Wall Street Bar…

GUALFIN, ARGENTINA – Friday evening after the bell rang on the New York Stock Exchange, traders and analysts, sell side and buy side, 2018 quants and deep value dinosaurs, million-dollar-a-year partners as well as the order takers and clerks, all…

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The Dear Leader and the stockmarket

Getting into a sports stadium is always easier than getting out. Unless you leave early. The stockmarket is much the same. Up the escalator and down the elevator is the mantra describing the nature of the stockmarket’s booms and busts….

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Why Wall Street’s Seasoned Pros Are Jumping Ship

GUALFIN, ARGENTINA – We’re getting into an agreeable and relaxed routine here at the ranch. We go for a hike up the little hill behind the house in the morning. A trail zig-zags up, with the stations of the cross…

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Cornered by a Snake

And the Lord God said unto the serpent, Because you have done this, you are cursed above all cattle, and above every beast of the field; upon your belly shall you go, and dust shall you eat all the days…

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Buying Stocks Doesn’t Make You an Investor

GUALFIN, ARGENTINA – We continue our exploration… …of why the stock market is a fraud… …why investors’ savings are not really funding U.S. business… … why instead, they are aiding and abetting a multitrillion-dollar rip-off… …and how the ripper-offers are…

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