Mercenary Trader 's Opinion & Analysis
A complete archive of Mercenary Trader 's articles, including current analysis & opinion.
There is a passage from a classical Chinese text, written thousands of years ago, that describes the plight of many experienced traders today.It’s from The Zhuangzi and translates as...
At our dinner with Peter Brandt a few weeks ago, there was a point where Peter pulled out his iPad. He wanted to show us something created by a trader in his small group. (This same trader is known,...
I’ve been an Economist reader since the mid-1990s. The covers are one of the best things about the magazine. They are always creative and often amusing.The Economist cover from March of 1999...
There is open debate as to whether the Federal Reserve will raise interest rates in September. A simple quarter-basis-point rate hike should not matter this much. But of course the hike itself is only...
For a while there was a bit of a CPI thing going on — trying to justify stock market performance “ex-energy” and “ex-commodities.”By that we mean, the Consumer Price...
Gold miners becoming uneconomical — how many more as gold prices fall?
US consumer confidence slumps to its worst since 2011
But Ford is kicking butt (and selling $60,000 trucks)
Even as China...
Matt O’Brien at the Washington Post thinks gold is doomed:
When you think about it, a bet on gold is really a bet that the people in charge don’t know what they’re doing....
“Said woman, take it slow, things will come together fine… all we need is just a little patience…” ~ Guns N’ Roses“The February employment report almost certainly...
Think about how nutty markets are right now. Meaning we are really Cuckoo for Cocoa Puffs here. We do not say this as a form of sour grapes: We did quite well in 2014 and are in the black for 2015 as...
“We believe more policy easing is still warranted at the current stage to support growth.” ~ Qu Hongbin, chief economist, HSBC China
“There are also, of course, risks of waiting too...