Showing posts with label trends. Show all posts
Showing posts with label trends. Show all posts

Friday, July 19, 2013

Lars P. Syll — Keynes on speculators taking advantage of mob psychology


It may often profit the wisest to anticipate mob psychology rather than the real trend of events, and to ape unreason proleptically … (The object of speculators) is to re-sell to the mob after a few weeks or at most a few months. It is natural, therefore, that they should be influenced by the cost of borrowing, and still more by their expectations on the basis of past experience of the trend of mob psychology.
Lars P. Syll's Blog
Keynes on speculators taking advantage of mob psychology
quoting J. M. Keynes

Bingo. It's "go with the mo-mo" (trend momentum). Keynes was a trader in addition to be a mathematician that focused on economics.

Another gem: The ignorance of even the best-informed investor about the more remote future is much greater then his knowledge … But if this is true of the best-informed, the vast majority of those who are concerned with the buying and selling of securities know almost nothing whatever about what they are doing … This is one of the odd characteristics of the Capitalist System under which we live …


Saturday, October 13, 2012

Paul Solmon — Why the President Is Still a Heavy Favorite on the Prediction Markets


Getting to be time to take the prediction markets seriously.
If you want to follow the presidential race on the prediction markets yourself, here are three links: Intrade;Betfair, where to translate odds like 1.47 into a percentage, you divide 1.47 into 1 (about 68%); and finally IEM -- the Iowa Electronic Markets, where the current odds are in the two boxes on the lower right; Obama, above; Romney, below. Be advised, though, that Intrade and Betfair represent wagering on who becomes President. IEM betting is on who wins the popular vote. [links in the article.]
PBS News Hour
Why the President Is Still a Heavy Favorite on the Prediction Markets
Paul Solmon

Christian Science Monitor — Election 2012: Ballot initiatives reflect nation’s mood

Proponents call it "direct democracy," opponents call it "vigilante democracy" – and political scientists call it a vibrant part of American democracy.
On Nov. 6, voters in 37 states will decide 174 ballot propositions – the most since 2006, but well below the highs of the late 1990s and early 2000s, when voters were routinely considering more than 200 initiatives on Election Day.
The slate of 2012 initiatives points to several trends across American politics.
The Raw Story
Election 2012: Ballot initiatives reflect nation’s mood
The Christian Science Monitor


Wednesday, August 22, 2012

Peter Rothberg — The Five Most Under-Reported Stories of the Summer

  1. Jettisoning Democracy in South Carolina
  2. Military Suicide
  3. Rise of Islamophobic Violence in the US
  4. The Amazon Economy Gains Steam
  5. Rapid Escalation of Climate Change
The Nation

Thursday, July 12, 2012

New trend in housing developing — urbanization

Suburbs are so 20th century. Here's why so many of us are moving back downtown.
Just after the close of World War II, the last Great Migration in the United States — the move from the city to the new suburbs — began to emerge, fueled by new roads, low congestion, and modest energy costs. It was a new beginning, a chance to shake off the past, and it came complete with the promise of more privacy, more safety, and easier financing. 
Not surprisingly, Americans bought in.

After that, it didn’t take long for the preferred retailers to do likewise, abandoning the city and following their customers to the suburbs. The suburban single family home on a large lot became synonymous with the American Dream.

After 60 years, many commentators have announced that the American Dream is poised to make its next great shift — this time from the suburbs to the urban core of our cities. Indeed, at the recent New Partners for Smart Growth Conference in San Diego, Chris Nelson, Joe Molinaro and Shyam Kannan made it clear that a radical shift in preferences is on the horizon.

They’re not alone in that position.

Just last week, Robert Shiller of the Standard & Poor’s/Case-Shiller Home Price Index made the dramatic statement that, with our growing shift to renting and city living, suburban home prices may never rebound in our lifetime.

Why such pronounced findings? According to researchers, it lies in the preferences of our largest generation since the Boomers, the under 30 Generation Y.

But, why?
Read the rest at AlterNet
How Millennials Are Driving The Great Migration of the 21st Century
by Nathan Norris | Placeshakers and Newsmakers

Sunday, May 27, 2012

Occupy is dead. Long live Occupy!

Three years after the May 1968 uprising that swept the world, the great French philosopher Michel Foucault observed that a key strategy of power is to “appear inaccessible to events.” Power, Foucault argued with a nod towards 1968’s failed insurrection, acts to “dispel the shock of daily occurrences, to dissolve the event … to exclude the radical break introduced by events. 
Forty years later, in light of Occupy, Foucault’s observation still strikes home. Despite achieving the impossible at unprecedented speed – sparking a global awakening, triggering a thousand people’s assemblies worldwide, and giving birth to a visceral anti-corporate, pro-democracy spiritual insurrection – Occupy is now struggling through an existential moment. Our movement has been dealt a blow: our May 1 and follow-up events have been dissolved by power; the status quo has shown itself to be far more resilient than many of us expected. 
Now a passionate debate is emerging within our movement. On one side are those who cheer the death of Occupy in the hopes that it will transform into something unexpected and new. And on the other are patient organizers who counsel that all great movements take years to unfold.
Read the rest at Adbusters
Occupy's Spiritual Quest — The fork in the road ahead
Posted by Adbusters

What this will do is separate the revolutionaries from the evolutionaries both strategically and tactically, as well as over policy. Pretty much the same thing happened pretty early on in the Sixties, too.

The scene was very different in the Sixties, at the beginning of the protest movement, however. The Democrats held the presidency and solidly controlled both branches of Congress, and the courts were dominated by years of Democratic administrations, with the interruption of the Eisenhower moderate Republican years. Still, all hell broke loose at the 1968 Democratic Convention.

This time promises to be different. We are still it the early stages, and this has gone viral globally through social media and networking.

All the conditions that sparked Occupy and Indignados remain in place, and TPTB around the world are determined to press their hand. This promises to be another "long march." Expect the unexpected.

The protestors now realize just how asymmetrical this is and how determined TPTB are to crush social protest and political dissent. They will have to adapt.

However bad things get though, it will be nothing like what the anarchists faced in the lead up to the failed revolution of 1848 and the aftermath. However, they changed history in unexpected ways that are still unfolding.

This is shaping up just the beginning of the next awakening predicted by Strauss & Howe in The Fourth Turning (1997) and Ravi Batra (2007) in The Next Golden Age: The Coming Revolution Against Political Corruption and Economic Chaos. It's not going to happen overnight.

If this lasts through the decade at least, as I believe it will, the issues will be decided by an electorate that will be very different in demographic composition and culture. The chances that neoliberalism will survive are extremely slim. It's just a matter of time.

However, youth is impatient and will attempt to push its hand, so there are going to be rough spots, especially when the next financial and economic crisis hits and global warming obviously starts to bite.

This will be the predominant trend of the decade and it will have broad and deep consequences socially, politically, and economically.

Sunday, December 11, 2011

Migrations will be increasing trend in 2012


The Israeli Cabinet voted unanimously Sunday to finance a $160 million program to stanch the flow of illegal African migrants by stepping up construction of a border fence and expanding a detention center to hold thousands of new arrivals.
Some 50,000 Africans, mostly from Sudan and Eritrea, have illegally entered southern Israel since 2006 through the porous border with Egypt's Sinai desert, according to government estimates.
The influx has sparked a national debate. Some Israelis fear the mounting non-Jewish arrivals will compromise the state's Jewish character. Critics also claim the migrants are an economic and social burden. But others don't want their country, which grew out of the Nazi genocide of Jews, to turn away people escaping persecution or conflict.
Addressing the Cabinet, Prime Minister Benjamin Netanyahu said the swelling stream of migrants is "a national scourge." Netanyahu, like other officials, said the overwhelming majority of infiltrators are not refugees escaping persecution, but instead have come to Israel seeking better economic opportunities.
Read the rest at The Huffington Post
Israel Immigration Program Gets $160 Million


Friday, December 2, 2011

Celente predicts the emerging trend is financial crack up


Trendmeister Gerald Celente got the theme of 2011 correct. Social unrest. Now is predicting the dominant trend of 2012 will be financial crack up.

Celente cites the double-dealing of the financial sector as a primary reason for this prediction, and he describes how he was recently taken for six figures in the MF Global fiasco.

Prepare for an Economic 9/11 and Economic Martial Law (long audio interview)
by Gerald Celente

Monday, November 28, 2011

Washington's Blog — The revolution put to music


Washington's blog has links to Miley Cyrus's latest and other OWS music.


Miley Cyrus Releases Occupy Wall Street Song and Video

Popular music powerfully drives developing trends. This is the next iteration, and this time it is going to go viral on the Internet instead of with bands playing in the park. Woodstock will be on the Web.


Saturday, November 26, 2011

Paul B. Farrell summarizes Gary Shilling


In short, expect a very rough decade for the economy, the market, and the taxpaying public. Here’s Shilling’s history of past cycles that run 15- to 20-year log bull and bear cycles the past 60 years:
1949-1968: 19-year secular bull market
The great Post-WWII expansion: “The 1949-1968 secular bull market was driven by postwar economic growth, fading deflation fears, low inflation, the institutionalization of equity and the resulting leap in P/Es.” For me a great time: high school, Marines, Korea, plus a great education on the GI Bill.
•1968-1982: 14-year secular bear market
Shilling says “inflation caused by huge Vietnam and Great Society spending dominated the 1968-1982 secular bear market as it pushed interest rates up and P/Es and productivity down.” Remember the oil crisis, recession and a long sideways stock market for over a decade. I was on Wall Street with Morgan Stanley working on troubled banks, corporate and developer restructurings. Evaluated the collapse of the Federal New Towns Development Program for HUD. Long recession. No fun for most investors
•1982-2000: 18-year secular bull market
With Reaganomics: “The unwinding of inflation generated the 1982-2000 secular bull market, aided by the consumer spending spree and, finally, dot-com speculation,” says Shilling. And oh how we loved stocks with 30%-plus returns, some even posting 300% annual returns. We went crazy. “This time it was different.” Barbers offered investment advice and neighborhood barbecues were abuzz with early retirement plans.
•2000-2020: Yes, a 20-year secular bear market till 2020
Shilling says “the speculative investment climate spawned by the dot-com nonsense survived. It simply shifted from stocks.” Our retirement, “pension and endowment funds have been increasing their exposure to alternative investments such as commodities, foreign currencies, hedge funds, private equity, emerging-market equity and debt and real estate” in recent years. Yes, the ‘90s insanity did survive, like Frankenstein, transplanted in a new body by the White House, Treasury, the Fed, Wall Street, and our dogmatic, self-destructive conservative politicians obsessed about tax-cuts-for-the-very-rich.
Shilling sees “a secular bear market really started in 2000 and may persist for a decade as a result of slower GDP growth,” yes, persist till 2020 “with 2% to 3% deflation.”
Read the whole post at MarketWatch
Very slow growth 2012 then long bear to 2020
by Paul B. Farrell



Wednesday, September 21, 2011

Entrepreneur Penelope Trunk — How to Spot Trends Before Everyone Else

Good advice. Basically, the old adage, "Find a need and fill it." Works every time. And there are some really good opportunities out there right now globally for those who can spot them. MMT is a trend in the making.
When you think about startups, and subsequent rounds of funding, each pivotal moment of the company usually hinges on an identified trend. So you need to get good at spotting trends. Here are three ways to do it:

1. Notice crowds of unmonetized people.

2. Notice crowds of disenfranchised people.

3. Find what’s broken before people will admit it’s broken.