Market Structure Insights
September 6, 2023
Everybody else is seeing Barbie and Oppenheimer and we’re just getting around to Avatar: The Way of Water. The sequel to James Cameron’s 2009 film Avatar has made over $2 billion at the box office, equal to NVDA Q1 2023 net income. I don’t remember...
August 30, 2023
What if the stock market has tides like the sea? I’ll give you some data – as is my custom. In the past six years, the tides of the stock market have been all the way out – low tide – 29 times. It’s the...
August 23, 2023
It’s been a surreal week. We’ve had a life-changing event, a terrifying experience. But it’s going to be okay. Those of you in our close circle know. We’re more reflective. And I can’t let beta go. I’m admittedly fixated on it. Especially seeing what happened...
August 16, 2023
Karen and I both have Wahoo Element Roam bike computers. We finish a ride and rush to check the data analytics. Feet climbed, average cadence, average heart rate, distance, peak cycles. It’s how you learn what drives your performance. What cadence can you maintain, what...
August 9, 2023
The signs are there. What if we’re already in a recession? Before you react, hear me out. Gross Domestic Income, the measure of all the money we make in the country, trails Gross Domestic Product, the measure of output, by about 25%, says the St...
August 2, 2023
It’s earnings season, which is like The Palio in Siena. What I mean is it’s a mad scramble, a horse race, a cultural event for public companies and investor-relations officers, the obsession of CNBC. Full of intrigue. For instance, UBER had surprise GAAP earnings for...