Like a spy who gets a burn notice (as depicted in USA Network’s hit series, Burn Notice), suddenly he lost his support. No one trusts him anymore. Why the sudden turnaround in his fortunes?
Bernanke’s Burn Notice — Why Now? Research Reveals Insight Into Fed Chairman’s Popularity
New Year: New Economic Boom? Why 2010 Should Be One to Remember
In the realm of market psychology, there’s a big difference between optimism and extreme optimism. The first is seeing the glass half full. The second is seeing the glass half full deep in the heart of a bone-dry desert. In finance, it’s what we call “Buying the Dip” mentality — when all outcomes, even losses, are cause for celebration.
Why You Should Care About DJIA Priced in Gold
Of the many forward looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as EWI’s president Robert Prechter calls it…