We live in a brave new world. Pandemics and quarantines are one thing, but negative prices for a commodity? That is a head-scratcher once thought to be impossible. I remember a time when hillbillies finding oil led to riches and a Beverly Hills mansion. Had they been so unlucky to have stumbled upon black gold…
Tackle Newsletter: The Arguments and Guess Work
The stock watching class is vast and varied. Some believe markets follow a random walk. Predict the future? Nonsense, they say! Forecasting the market’s next move is like trying to guess the direction of a drunk’s next step as he stumbles down the alleyway. It’s a fool’s errand that makes a monkey of the guesser….