image: Wikimedia commons (link).The algorithmic market in which we live:We have been seeing bouts of wild volatility -- in both directions -- separated by periods where markets go basically nowhere. It is clear that there is no fundamental reason behind this behavior but rather the fact that the humans have basically handed over control...
Friday, October 08, 2021
Investment Climate October 2021: Interesting Times
Markets spent the last quarter in a general “holding pattern” with periods of severe up and down volatility followed by periods of relative quiet, all accompanied by low volume and ending with little progress overall for the quarter, which ended flat to slightly down. Our portfolios acted similarly. As...
