I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Schedule for Week of February 23, 2025
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The key reports this week are January New Home sales, the second estimate
of Q4 GDP, Personal Income and Outlays for January, and Case-Shiller house
prices...
Predicting Gold Prices with SARIMAX
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*Not investment advice.*
I collected 54 years of gold price data from the St. Louis Fed starting
9/30/71 (end of the US federal government fiscal year afte...
NVIDIA Revisited
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On August 26, 2023, 5 days before it a new closing hi at 493.55, I wrote a
critical post about NVDA - the stock, not the company. After that, the
stoc...
Stay away from popular tech stocks, part II
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Last August, I wrote a blog post arguing that largest technology and
internet companies -- Amazon, Apple, Facebook, Google, Microsoft -- would
never grow i...
So, Where Have I Been?
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Well, of course, I have been where I am!
It's been a good few years away from this blog. I do miss some folks
terrible, and I sort of miss things financial...
Those Whom The Gods Wish To Destroy ...
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they first make mad. Still true!!!
*(Note: this post, and probably several others to follow, are actually
about the US dollar and relative currency trends....
Playing with this graph a little bit I notice that 1) not multiplying by 231.4o7 changes the numbers on the vertical scale but does nothing to the shape of the curve, and 2) Putting it on a log scale makes it look as if a linear trend channel will contain the data. (Not too surprising, if you think about it.)
I'll have to download the data and dig in a bit more.
I just thought I'd mix it up a bit this time. It is unclear what the true upper end of the channel should be. In other words, how bubbly were the bubbles?
As a long-term permabear who thinks our economy cannot possibly grow like it once did (for a variety of reasons, among them the fact that women can no longer enter the workforce like they once did and the fact that we cannot endlessly take on exponentially increasing inflation adjusted debt), I'm also extremely skeptical that we can stay in the upper half of the long-term channel.
3 comments:
Just to be clear...
1. I'm adjusting the index for inflation.
2. The chart does not include dividends.
3. The 4 red diamonds on the chart define the exponential trend channel.
Playing with this graph a little bit I notice that
1) not multiplying by 231.4o7 changes the numbers on the vertical scale but does nothing to the shape of the curve, and
2) Putting it on a log scale makes it look as if a linear trend channel will contain the data. (Not too surprising, if you think about it.)
I'll have to download the data and dig in a bit more.
Cheers!
JzB
Jazzbumpa,
Putting it on a log scale makes it look as if a linear trend channel will contain the data. (Not too surprising, if you think about it.)
It does. In fact, that's how I have charted it in the past.
August 8, 2011
Stock Market Risk Analysis v.2
I just thought I'd mix it up a bit this time. It is unclear what the true upper end of the channel should be. In other words, how bubbly were the bubbles?
As a long-term permabear who thinks our economy cannot possibly grow like it once did (for a variety of reasons, among them the fact that women can no longer enter the workforce like they once did and the fact that we cannot endlessly take on exponentially increasing inflation adjusted debt), I'm also extremely skeptical that we can stay in the upper half of the long-term channel.
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