Changes of sentiment don’t cause markets to ebb and flow; but their short-term fluctuations, which are largely random, affect sentiment. “So far, so good!” Ken Fisher recently exulted (“To forecast financial markets, get sentimental,” The Australian, 16 April). “My 2024 outlook (issued in January) called for strong gains down under and worldwide – but with Aussie stocks … [Read more...] about Why we mostly ignore market sentiment
Archives for April 2024
“Net zero” isn’t a Megatrend: It’s a Mega-trap
The “transition to net zero” isn’t happening and “green energy” has long generated red ink. When will the herd finally acknowledge reality? “Investors can’t ignore a megatrend that’s transforming consumer, corporate and government behaviour worldwide,” Michelle Lopez asserted three years ago (see “The energy revolution is happening whether we want it or not,” 10 May 2021). … [Read more...] about “Net zero” isn’t a Megatrend: It’s a Mega-trap