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 founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients.
Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter.
Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit.
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.