During a recent bout of insomnia I was catching up on a little reading and I had this thought about Japan, the type of thought you only have while exhausted…what if everyone is wrong? The consensus view is Japan has too much debt and the debt to GDP, which is 250% of GDP, is unsustainable. […]
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Japan Theory -What if Everyone is Wrong?
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Another Loonie Chart
If the yellow trend line breaks to the upside I will feel more confident in my contrarian Loonie idea. Courtesy of Stockcharts.com
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Magazine Cover Curse
In both sports and stock markets some believe there is a magazine cover curse. There is some documented history of the curses, here and here and famous contrarian magazine covers that people remember, however, I suspect we all forget the ones that did not become contrarian signals suffer this causes a memory bias. Barron’s recently […]
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Buy the Loonie?
This should bode well Reuters For this… CFR Seems like a contrarian idea. Canada has a housing bubble in certain cities. Oil prices are hurting three of ten provinces. Debt is expanding and economic growth has been weak. Yet the Economist Big Mac Index and the CFR Mini-Mac Index has the CAD (or […]
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Did They Do it Again?
I waited a few months to post this. The Economist Magazine famously called the bottom (by accident) for oil back in 1999 when they predicted the price would fall to $5/barrel. Daily Oil Bulletin The January 23, 2016 cover of The Economist warns of cheap oil and its effects on different nations. I have […]
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