Mr. Ramaphosa’s bucket of cold water.

As usual, Main Street shrugs off Wall Street’s latest nightmare.

November 23, 2021

Golden Rule One, Again:  Understand the Nature of the Market.

November 17, 2021

But we have an algorithm!  What could possibly go wrong?

November 11, 2021

Remarkable facts . . . always surrounded by clouds of worry.

November 9, 2021

Financial Strength Wins.  Constant Fears Lose . . . Eventually.

November 2, 2021

Impressions versus Facts, as Always.

October 29, 2021

It’s Alive!  Supply, Demand . . . and Even Drillships.

October 26, 2021

Caterpillar:  Not Tech . . . but “Megacycle!” all the same.

October 22, 2021

What they’re doing . . . not what they’re saying.

October 21, 2021

The Big Picture Has Changed.

October 15, 2021

Energy:  impressions getting canceled . . . not facts.

October 13, 2021

A Snarling Mob of Nightmares, as Usual.  Not the Whole Picture, as Usual.

October 7, 2021