Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
"Hermit the Blog" is an exquisite turn of phrase. Mad props. The thing I like about Ben Rich is he wears his craziness on his sleeve. The rest of them try to act sane. Here's a long, boring treatise on CAPE ratios. I didn't read it. I know about it because this washed over my transom: That's a graph of Steve Hussman's margin-adjusted CAPE, literally a number they synthesized. A measure nobody else uses. They started with CAPE and then tweaked it until it matched better. It's obviously proof of the end-times but not so obviously crazed data-manipulation. They're all manic street preachers. It's refreshing to see one ranting with child-like glee.