Joshua M Brown

Chart o’ the Day: The Tech Breakout Nobody’s Talking About

My pal JC Parets at All Star Charts has a pair of worthwhile charts to check out concerning the recent strength in large cap tech. It’s not just tech on an absolute basis – it’s tech relative to the overall markets that is most interesting to him. After the March 2000 crash, the implications are…

QOTD: Cliff Asness in defense of indexing

  Cliff raises an interesting point that was not brought out in last week’s discussion of the original Bernstein note that launched a thousand blog posts. Read more about that here: Bernstein: Passive Investing Is Worse for Society Than Marxism (Bloomberg) We rely on market signals in virtually all facets of the real economy – signals…

QOTD: Confusing Cause and Effect

Peter Atwater is a socionomist and his analysis is concerned with how moods and sentiment drive market and economic activity. He’s very insightful. I wanted to share something he did at his LinkedIn blog this week because it’s a really important concept. In discussing the ways in which forecasters fail, Atwater highlights the fact that…