Trump Rally Fail

How much wrong can you spot in this CNN Money graphic? (Answer after the jump):   Source: CNN Money     Answer: Start with “Denominator Blindness” — the tendency to see one number without any proportionality or context. -Measuring markets in points not percentages is a classic error -Lack of context: How does this compare… Read More The post Trump Rally Fail appeared first on The Big Picture.

Trump Rally Fail

How much wrong can you spot in this CNN Money graphic? (Answer after the jump):   Source: CNN Money     Answer: Start with “Denominator Blindness” — the tendency to see one number without any proportionality or context. -Measuring markets in points not percentages is a classic error -Lack of context: How does this compare… Read More The post Trump Rally Fail appeared first on The Big Picture.

Random Thoughts on a Summer Friday

Market Psychology, Short-Selling and Sci-Fi Random observations, thoughts and brain-ticklers as a midsummer weekend approaches. Bloomberg, July 21, 2017     Rather than bury you on this midsummer day in a column full of opinion and data, I want to offer some interesting ideas worth exploring. Some of these may eventually become columns, while others… Read More The post Random Thoughts on a Summer Friday appeared first on The Big Picture.

Succinct Summation of Weeks Events 7.14.17

Succinct Summations for the week ending July 14th, 2017 Positives: 1. Federal Reserve Chair Janet Yellen sounded dovish in Congressional noting inflation is soft and wages remain below where she was hoping. Bad is good as it means lower for longer; 2. Industrial production rose 0.4% m/o/m, above the 0.3% expected increase. The previous month was revised 0.1%… Read More The post Succinct Summation of Weeks Events 7.14.17 appeared first on The Big Picture.