If “fundamentals” drive trend changes in financial markets, then shouldn’t the same factors have consistent effects on prices? For example: Positive economic data should ignite a rally, while negative news should initiate decline. In the real world, though, this is hardly the case. Just read these four oil price headlines from July 22 and 23. (And get FREE access to EWI’s latest energy market forecasts!)
Technicals vs. Fundamentals: Which are Best When Trading Crude Oil and Natural Gas?
July 26, 2010 by 1 Comment
Why Economic Forecasts Often Fail
April 13, 2010 by Leave a Comment
When it comes to your money, pay attention to the pitfalls of linear thinking. The markets of today may not resemble the markets of tomorrow. Keep in mind the concept of dramatic change. This cannot be over-emphasized and bears repeating: Major change is not an occasional occurrence throughout history; paradoxically, it’s the only constant.
