AMLP - The Markets Speak: And They Are Uneven
A funny meme has been making its way around institutional trading floors.
The popular sentiment is that a confusing policy environment, turbulent politics, and an unstable geopolitical situation have made investing difficult.
I'm certainly empathetic to this point of view. However, if we step away from the day to day noise, and simply focus on the markets, some trends do emerge.
I'm a factual absolutist. And for me, factual absolutism in a pari-mutuel game, such as the financial markets, necessitates paying attention to trends.
Here's why: fundamental data is widely reported. However, market prices show