Browsed by
Tag: speaks

Sentiment Speaks: This Is What The Market Is Saying About Trump’s Re-Election

Sentiment Speaks: This Is What The Market Is Saying About Trump’s Re-Election

While reading the title of this article may cause you to make certain assumptions about what you are about to read, I can assure you that this is not a politically motivated article. In fact, politics has absolutely nothing to do with the analysis and conclusions presented herein.

I want to start with the assumption that we have spoken about so often, and that it is that social mood directs our actions in life, including our willingness to buy stocks. As Robert Prechter noted in a study he published in 2012 on this topic, “[s]ocionomic theory proposes that unconscious social mood regulates social actions.”

The basic premise is that when people feel good they engage in positive actions, and vice versa. But, that really is an overly simplistic perspective of the theory. Ultimately, it suggests that biological responses have more to do with the mass sentiment as compared to exogenous events. Rather, exogenous events are actually caused by the mass sentiment of the public. Moreover, it suggests that mass sentiment directs our stock market in addition to causing exogenous events. Therefore, viewed from this perspective, the common understanding of causation for market direction is completely opposite of that which most believe. And, this premise is supported by many studies performed over the last 30 years.

I think it is best summed up within a paper entitled “Large Financial Crashes,” published in 1997 in Physica A., a publication of the European Physical Society:

“Stock markets are fascinating structures with analogies to what is arguably the most complex dynamical system found in natural sciences, i.e., the human mind. Instead of the usual interpretation of the Efficient Market Hypothesis in which traders extract and incorporate consciously (by their action) all information contained in market prices, we propose that the market as a whole

Read the rest
Analysis: North Korea’s Kim speaks softly, shows off new military might

Analysis: North Korea’s Kim speaks softly, shows off new military might

SEOUL (Reuters) – North Korea’s unprecedented nighttime military parade on Saturday showcased an unusually broad array of new weapons, from a show-stopping “monster” ballistic missile to previously unseen battle tanks.

FILE PHOTO: North Korean leader Kim Jong Un reacts as he attends a parade to mark the 75th anniversary of the founding of the ruling Workers’ Party of Korea, in this image released by North Korea’s Central News Agency on October 10, 2020. KCNA via REUTERS

The hardware, likely still in varying stages of development, offered leader Kim Jong Un a chance to show the world his cutting-edge military power while adding practical capabilities to the North Korea’s already formidable nuclear and conventional forces, experts said.

Kim is walking a fine line, seeking to increase pressure on the United States to ease sanctions while not destroying rapport with U.S. President Donald Trump or Pyongyang’s partners in China.

“Kim Jong Un’s speech was not threatening to the United States, instead labelling North Korea’s nuclear forces as self-defensive,” said Bruce Klingner, a retired CIA North Korea analyst now at the Heritage Foundation. “The clear message was that, counter to U.S. claims, the North Korean nuclear threat has not been solved.”

Video from the parade suggested a huge intercontinental ballistic missile (ICBM) potentially more lethal either because of multiple warheads or a bigger payload, larger missile carriers, a next-generation submarine-launched missile, and advances in conventional weaponry, military analysts said.

MULTIPLE WARHEADS?

The star of Saturday’s show was a massive, previously unseen ICBM carried on an equally huge “transporter-erector-launcher” (TEL) vehicle with 11 axles.

Estimated to be 25 to 26 metres (82 to 85 feet) long and 2.5 to 2.9 metres (8 to 9.5 feet) in diameter, the unidentified missile would be the largest road-mobile ICBM in the world, military analysts said.

Given that

Read the rest
North Korea’s Kim speaks softly, shows off new military might

North Korea’s Kim speaks softly, shows off new military might

By Josh Smith

SEOUL (Reuters) – North Korea’s unprecedented nighttime military parade on Saturday showcased an unusually broad array of new weapons, from a show-stopping “monster” ballistic missile to previously unseen battle tanks.

The hardware, likely still in varying stages of development, offered leader Kim Jong Un a chance to show the world his cutting-edge military power while adding practical capabilities to the North Korea’s already formidable nuclear and conventional forces, experts said.

Kim is walking a fine line, seeking to increase pressure on the United States to ease sanctions while not destroying rapport with U.S. President Donald Trump or Pyongyang’s partners in China.

“Kim Jong Un’s speech was not threatening to the United States, instead labelling North Korea’s nuclear forces as self-defensive,” said Bruce Klingner, a retired CIA North Korea analyst now at the Heritage Foundation. “The clear message was that, counter to U.S. claims, the North Korean nuclear threat has not been solved.”

Video from the parade suggested a huge intercontinental ballistic missile (ICBM) potentially more lethal either because of multiple warheads or a bigger payload, larger missile carriers, a next-generation submarine-launched missile, and advances in conventional weaponry, military analysts said.

MULTIPLE WARHEADS?

The star of Saturday’s show was a massive, previously unseen ICBM carried on an equally huge “transporter-erector-launcher” (TEL) vehicle with 11 axles.

Estimated to be 25 to 26 metres (82 to 85 feet) long and 2.5 to 2.9 metres (8 to 9.5 feet) in diameter, the unidentified missile would be the largest road-mobile ICBM in the world, military analysts said.

Given that the Hwasong-15, the largest missile ever test-flown by North Korea, can already target anywhere in the United States, the most likely practical use for the new ICBM would be the ability to carry multiple warheads, said Melissa Hanham, deputy director of the Open

Read the rest