“Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals” is a groundbreaking book that challenges the traditional approach to technical analysis. Written by David Aronson, a renowned statistician and expert in the field of quantitative finance, this book provides a fresh perspective on technical analysis, using statistical evidence to support its […]
One of the most important piece of news data for traders and investors is the FOMC meeting, so you probably have heard it many times on the news. But what exactly do they discuss, and why is it so important? The Federal Open Market Committee, or FOMC, is a powerful branch of the Federal Reserve […]
Investors’ views on inflation, recession risk, and monetary policy were fickle throughout much of 2022. Recently, a positive bias has emerged, reflected in the downward shift in interest rate expectations and upward move in securities prices since mid-October. Investors appear to be interpreting economic data as evidence that a dovish pivot (Fed stopping interest rate […]
US nominal growth is experiencing a significant deceleration, as evidenced by declining services PMI and lower momentum of Non-Farm Payrolls, with a negative rate of change for real growth and moderating wage growth indicating negative inflationary pressures. Inflation in the US is currently affecting services the most, which is where nearly two-thirds of consumer spending […]
Are you tired of constantly chasing after fleeting pleasures and material possessions, only to find yourself feeling unfulfilled and discontent? Epicureanism, an ancient philosophy founded by the Greek philosopher Epicurus, offers a different approach to finding happiness and fulfillment in life. This philosophy emphasizes the pursuit of pleasure and avoidance of pain as the ultimate […]
