Is it Suspicious that Markets Go Up?
One refrain we hear from cynics is that investing in the stockmarket is a scam. That we are idiots for thinking the market goes up forever when, everybody knows, “what goes up must come down.”…
One refrain we hear from cynics is that investing in the stockmarket is a scam. That we are idiots for thinking the market goes up forever when, everybody knows, “what goes up must come down.”…
[Today's post is excerpted from the October Austrian Investment Monthly newsletter. To subscribe please visit St Onge Research] 2014 has been a nail-biter for GDP watchers. After a 2.1% decline in Q1, the worst in years,…
Okay, the picture is Japan, but it's what I imagine a roller-coaster in Liberia probably looks like right about now. And what a roller-coaster it's been for markets. After months of zombie-marching to new highs, in…
My latest at Mises Institute: A panel discussion at the 2014 Mises University addressed the question of whether Austrian economics can improve financial predictions. (more…)
Well, if I garden on the weekends, am I a gardener? In this sense John Maynard Keynes would indeed be an economist. On the other hand, in science we might expect some "weeding-out" process analogous to natural…
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