Daily Reading on the Financial Markets: 11/19/12
From WSJ, Naseem Taleb implores us to learn to love volatility – after all, it can’t be avoided in the end.
At PragCap, Cullen Roche compares the stock chart of AAPL to MSFT. A very apt comparison, imho.
Zero Hedge on the three major monetary paradigms in currently in use, and suggests that the world at large is rushing towards the same version – with Central Banks and shadow money as the only real source of growth.
The Technical Take observes that bullish sentiment, though unwinding, is not yet anywhere near the levels typically associated with market bottoms.
Washington’s Blog suggests that America’s wars of aggression in the last decade have existed to distract an ignorant public, reminding us that civilian apathy is a key component of ascending tyranny: