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Nassim Taleb, in his 2001 book ‘Fooled by Randomness’, described ‘Black Swan Events’ as high-profile, hard-to-predict and rare events that are beyond the realm of normal expectations in history, science, finance, and technology. Black Swan Events are named for...
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Stocks recorded a second week of solid gains as investors grew more confident that the new coronavirus (officially dubbed “COVID-19”) would be contained. The gains carried the large-cap indexes and the NASDAQ Composite to new record highs, with the latter receiving...
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This past week we saw the S&P 500 breakout from its downward trendline, a positive sign for the US stock market. As well as some supporting evidence that 2023 will be a very good year for investors. Reversal of Trends The major indices are starting the...
