This post is opinion only. See full disclaimer below. There is a lot of confusion in the markets about Trump's foreign policy. Those who are not versed in more complex foreign policy concepts and even a few specialists are perplexed and attribute incoherence to it. Markets, which have always failed to understand how important a … Continue reading Understanding Trump’s Real-Politique
Tag: Cold War
The dangerous tight rope walk of proxy wars
In a recent post I mentioned the thesis that in some sense World War 3 had already begun and that this time unlike earlier world wars seen last century it would occur with the superpowers using proxies to battle for hegemony on the world stage. Anyone considering the current Ukraine war and Middle East conflict … Continue reading The dangerous tight rope walk of proxy wars
The Key Trading Elements Fama’s Efficient Market Hypothesis Leaves Out
Eugene Fama's Efficient Market Hypothesis (EMH) has much that is of value in the theory. In fact, given the way most people invest in the markets, it is more or less the case. He himself acknowledges, and higher-level people usually do with such things, that there is a certain slippage in his theory---i.e. it's a … Continue reading The Key Trading Elements Fama’s Efficient Market Hypothesis Leaves Out