Another sign that “macro-investing” is becoming obsolete: On Friday (September 24) The Wall Street Journal led its front-page “Business & Finance” news brief column with supposedly dire news from Europe: Ireland was in trouble, meaning Europe was teetering again. This overwrought piece even resorted to “double dose” as a reminder of the now diminished... »
Archive for September 28th, 2010
WSJ Accidentally Identifies Macro Investing’s Probable End of the Line
Tuesday, September 28th, 2010
Last Friday, The Wall Street Journal published a lengthy, front-page article that unwittingly described why the powerful macro investing trend might be close to ending. “Unwittingly” because the article attempts to explain why the trend should be with us forever. »