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Recessions are weird.   The more you think about them, the weirder they become.   Yes, the economy is cyclical. Downturns aren’t just inevitable, they’re healthy.   BUT   Economic cycles, including recessions, are not just determined by clean and predictable financial indicators but also by psychological and sociological factors.   Collective mood, media reporting, and public sentiment play a substantial role in shaping economic realities.   And they can be manipulated.   A.] The Fear Factory   Every time the media starts shouting "recession," what happe ..read more

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(excerpts)   “In trading, patience and the ability to sit still is not only a virtue, it’s gold . Doing nothing can be one of the most productive things you can do. But as one would expect, being the addicts that we are, the moment the trading session opens, we feel the urge to become more productive all of a sudden. It’s like our minds will not let us enjoy doing nothing. We have to analyze, anticipate, worry, stress, tweak, especially when we’re not supposed to”   “Society… it conditions us to continually chase money, power, and a faster, wilder pace of life. Don’t slow down, and G ..read more