Search results

Consensus about what? Economic activity, expected earnings, the market, individual stocks, fed policy or society as a whole? You seem to imply there is a need, or at least a will by those in power to tweak the numbers to manage expectations because of self fulfilling results. I can only hope...

Naw, I don't buy the "many groups" thought. Whatever group happens to have the power at that particular moment in time. Interesting, but different groups are likely dominated by the same kind of people looking at the same kind of data. The conclusions they reach may even be right, but becomes...

It can be worse, there is a tendency for the conclusions of a group to be more extreme than the average of individual views in the direction already favored by the average of the group. A phenomenon called group polarization from Social psychology. But most published consensuses is probably...

Hahaha Personally I often enjoy making money watching how the fascists push things out of order playing on collective emotions and take the opposite side.

You belive the machine is rigged to make u looose?

Oh I was talking about 1 on 1 deathmatch. When trading im not afraid to be read at all. I mostly follow my system, but sometimes I break my rules. I find my mechanical system not flexible enough to take advantage of everything I see following the market. I look at what is as opposed to what...

Yep, but don’t forget to do something unpredictable from time to time so ur not that easy to read.

Makes sense not to tax what is scarce and contributes to production, but a consumption tax is not compatible with real or true freedom, and it also creates distortions. If u can fix my computer for 100$ I have to pay u 110$. If I can charge an employer 109$ for the amount of time it takes me...

Isn’t the goal of capitalism to maximize growth and freedom? Capitalism is a system, corporations are only profitmaximising parts owned by consumers. Profit is profit monopolistic or not, does it really matter? the amount of labour needed to produce is not affected by the nature of profits. In...

Taxation by force is the problem. Why is it so obvious to most that people should have the right to believe in what they want, when they can’t spend their money as they want? A separation of money from politics is needed to have a true free market. Due to forced taxation politicians have a...

The market can go up, down or don’t move. In a Quake rail fight the enemy can move left, right or don’t move to dodge ur rail. Pick his next move and u gets a frag (profit). The best way to win a rail fight is often to don’t move since the enemy expects u to go left or right.

Why fit in, society is at the wrong side of the truth. Leaders and followers both in denial.

I have to agree with much of what ur saying. To criticize the current regime is sort of like criticizing democracy, it is easy to point out how the majority can vote for bad policy and often do, but it’s still the best thing we have. The important thing is to have a low and explicit...

Actually I don’t think it matters for the negative correlation to be true that oil is prized in dollars. Oil cost what oil cost on global markets. The fact that any country does something that may or may not be good for their currency should not affect oil as much as it affects its currency...

Thanks enlightening answers. I like the idea that on a full gold standard contributing people, capital owners, entrepreneurs and workers reap the rewards from the new money (gold) hitting the market. Traders can stabilize the economy no need for government or central bank interventions. I...

What about new gold hitting the market, it would also acts as a tax on savings? Maybe not a big tax, since the total amount of gold in the world could increase at a slower pace than real GDP. But then we would have natural deflation. Is that a problem? If not why not let the fed target a -2%...

Given how Bond yields and the dollar have already fallen, I think much of the move lower is already anticipated and reflected in current prices. I don’t think stagflation is very likely since I think stagflation is mainly caused by supply shocks. Like labor or oil shortage. I can see oil going...

Yeah I hope oil goes to 100 a barrel also, I will get a lot of tech stocks with my Norwegian krone then. The Norwegian government will also buy a lot of stocks and bonds if oil prices reach 100. It invests its huge budget surplus (due to high oil prices) in foreign markets. 300 billion US $ is...

People should pay off debt, stop consuming, invest in the stock market, allow the stock market to skyrocket, give business cheap capital 2010-2012 so it can invest in real capital when financial capital and labor still are plentiful and prepare for when baby boomers retire. Do the right thing...

Nothing to worry about, just Mr. Market and Mrs. Central planner arguing. I think Mr. Market is most convincing. Lower inflation isn’t necessary bad either. Lower dollar, more export good for the stock market.