Monthly Archives: November 2017

Misdirection to Miss the Point

In this series of articles on “missing values,” let’s look at the recent argument over allowing AT&T and Time-Warner to merge. Remember that both companies were allowed to merge with other telecom companies because they were not horizontally related. Both … Continue reading

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Fundamental Momentum

Financial analysts are busy cyphering the trend. Will the equity rally continue despite that the Fed will probably raise the rent? The current momentum has everything to do with the fundamentals, which means it is important to you and me, … Continue reading

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House Passes Tax Reform Bill (and you’l never guess what’s missing)

There was a big celebration on Capitol Hill today. US House members passed a tax reform bill the Speaker says is “extraordinary!” Like the original version, the new version is extraordinary because it makes the same mistake, over and over … Continue reading

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first autumn light

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acceleron

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etched cyan silver and gold

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creative random design on demand

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