Tag Archives: Young Lady Old Hag Illusion

Technical Chart Patterns and Perspective

Yesterday we posted a technical piece on gold, which one of our friends down under picked up.   They made us think about how technical analysis is more art than science (just like economics, by the way) and how bull/bear conclusions … Continue reading

Posted in Gold, Technical Analysis | Tagged , , , , | 4 Comments

The Ambiguity of Stock Value

Professor Robert Shiller,  of Yale University,  is probably best known for his book, Irrational Exuberance, which called the top of the dot.com bubble and the second edition called the top in the housing market.  During our days on Wall Street … Continue reading

Posted in Currency, Equities | Tagged , , , | 20 Comments