Resources

Rake: “the rake is a scaled fee taken by a card room operating a poker game. It is taken from each pot as the game is played. It reduces the…

Simple: “easily understood or done; presenting no difficulty.” Synonyms: straightforward, easy, uncomplicated, uninvolved, effortless, painless, undemanding, elementary, child’s play. Complex: (mathematics) “denoting or involving numbers or quantities containing both a…

Paradigm Shift: “a fundamental change in approach or underlying assumptions.” This was required in the late 70’s / early 80’s to understand the upcoming move from a manufacturing and industrial…

Blind Spot: “an area where a person’s view is obstructed.” Fearing the collapse of our economic system has been a running theme for many years now – it is not…

The Olympics have opened, the August haze is thickening, the heat is on and the bears are wondering aloud why the end of the world refuses to arrive. All is…

As the churn of August ends its first week only down a bit, it is important to note that markets have not yet traded back below their most recent breakout…

The Olympics are about to start in Rio, and while all of us watch and read about the athletes competing for gold — we can be learning some valuable lessons, too.

Markets continue to churn through earnings (see below). With the August doldrums dead ahead, that feeling of walking in quicksand may indeed be with us for the next several weeks…

Ah yes, the start of a new month – and August at that – the often ugliest month of the summer haze. Every August 1st I always tell myself I…

One can feel the shudder in the crowd as the number prints across the screen in big letters: “GDP Missed Expectations” and boy did it – by a good clip….