Tag Archives: Power Laws

Counterfactual Friday: The CAPE

Current Market Perspective: Moderately bearish based on three pieces of information: Our bottom-up security selection process is revealing few bargains; Total public and private debt in developed countries is unsustainably high relative to GDP and will require long, painful de-leveraging … Continue reading

Share
Posted in Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

Power Laws at Work in Financial Markets

I am working on a good¬†post for the first “Counterfactual Friday.” Unfortunaltely it will probably not be posted until Monday. In the meantime enjoy the following: I have attached a link to a terrific article on power law distributions and … Continue reading

Share
Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment