No Index

Not to worry! The standard, accepted, certified correct view of the stock market is that it always goes up ‘over the long term’. Based on figures from the S&P 500, investors have come to expect a total return of 10% per year. And the ‘price’ of getting these long-term gains, according to the sales pitch, […]

There are two main emotions in the stock market — greed and fear. A wise pro avoids them both. He looks at the situation like a doctor with a patient. No joy at the bedside when the recovery begins. No tears at the cemetery gate when it doesn’t. He just tries to figure out what […]

The first bomb went off last week. Then, yesterday, came the big ka-boom. Al Jazeera: ‘Japanese stocks have recorded their biggest losses since October 1987, spurred by concerns the United States’ economy may be in weaker health than previously thought. The Nikkei share average was down 10% or 3,595 points to 32,314 in the early […]

‘It doesn’t actually make any difference whether the President is Republican or Democrat. The genius of the American ruling class is that it has been able to make the people think that they have had something to do with the electing of presidents for 200 years when they’ve had absolutely nothing to say about the […]

What was it that made ‘The West’ triumphant? Rivers (making commerce easy). A fighting spirit (ready to go to war with others). Diversity (plenty of different peoples to go to war with.) The longbow? The long rifle? Artillery? Energy? The Industrial Revolution? The rule of law? Democracy? All of these ‘reasons’ — and more — […]

We open fire with this barrage from the Wall Street Journal: ‘Five years ago, Washington sanctioned Huawei, cutting off the Chinese company’s access to advanced U.S. technologies because it feared the telecommunications giant would spy on Americans and their allies. Many in the industry thought it would ring the death knell for one of China’s most vital […]