patrick.net

You have often heard me say that it is "endogenous social mood", i.e., the subconscious mood of the collective herd that moves markets. It's not news or current events as so many economic and financial analysts tend to believe. In fact, the causality is precisely the opposite, social mood causes the news. You can see social mood ebb and flow in the charts of many types of social interaction, from the length of hemlines to the types of movies being made to the rise and fall of the stock markets. When people are happy and comfortable with their lives hemlines rise, movies are upbeat and positive and the stock markets go up. Waning social mood sees hemlines fall, movies become dark and somber and stock markets decline.

Find out why...

http://www.globaldeflationnews.com/recognizing-changing-social-mood-is-key-to-understanding-why-the-herd-is-causing-the-stock-market-to-fall/




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