Tags: adam whitehead

Patience is a Virtue

A mixture of cognitive dissonance and wishful thinking, with a little help from global policy makers, rattled the markets pre-FOMC announcement last week. Post-FOMC the panic stopped, just as it should have been increasing. more »


January 9th, 2015
in aa syndication

The debate between the Northern and Southern Europeans, over the direction of fiscal policy in the Eurozone, is beginning to follow default national stereotypical behaviour. The Northern Europeans are rational and the Southern Europeans are emotional. The Northern Europeans intend to exploit the emotions more »


January 2nd, 2015
in aa syndication

The fat lady was heard singing last week, as the curtain came down on some notable performances in the global-macro theatre of dreams. more »

The Delusional Crowd

The proverbial crowd was busy all over the world last week, being delusional and creating the illusion of a lynch mob in the specific localities where it was to be found. more »

Taper Tantrum Redux

Following on, from the last FOMC meeting, the Fed smoothly eased into tightening mode. Janet Yellen formally confirmed that tightening mode has been entered, at the Bank of France conference in Paris last week; and also warned that this period would involve considerable more »

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