DAVID BROOKS: Dancers, especially at the opening ceremony, smile in warmth and friendship……..After the opening ceremony is over, the Olympics turn into a celebration of the competitive virtues: tenacity, courage, excellence, supremacy, discipline and conflict.
The world, unfortunately, has too many monomaniacs….One [political] faction champions austerity while another champions growth…….The right course is usually to push hard in both directions……to thrive amid the contradictions.
via The Olympic Contradiction – NYTimes.com.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.