Blog topics include politics, economics, housing, and the stock market.
markets are NOT a "random walk". Market prices are reflections (and measurements) of predictable patterned changes in social mood - optimism and pessimism, confidence and uncertainty. The uncertainty that pervades us now will drive the markets down.
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James ParsonsWashington, D.C. area, USA
I'm a classical liberal, because I believe a system of personal freedom and free enterprise leads to greater human well-being than other legal and economic systems.
I am the webmaster for JP's Real Estate Charts, Stoxford Stock Charts, and The Libertarian Quiz.