Wednesday, December 5, 2018

Quote of the Day, And a Brief Video Commentary

Bloomberg's Cameron Crise echoes my present view on the latest market action:
"Sometimes a volatile day can offer valuable insights about fundamentals or the technical structure of the market. On others, noisy price action just tells us that it’s loud. Dr. Market has a PhD, but these days it’s in psychology, not economics. It’s important to remember that before drawing sweeping conclusions about the state of the world."
Here are my thoughts briefly via video:

Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:

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