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.
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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