The Big Picture “…But the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic.” -Paul Tudor Jones Now let me begin by stating the above quote is not meant to cause a stir. Stay with me here. In financial markets, when we refer to … Read More
Month: January 2018
The Bit
The Big Picture “We have a shiny new penny here…” I always thought it was “chomping at the bit”, but apparently the original phrase was “champing at the bit.” The phrase refers to a horses’ tendency to chew and chomp, and I suppose champ, while impatient and eager to go! I will not be discussing … Read More