Archives for Markets

A Concerning Chart on Automation

Once, not so many years ago, it was thought that automation would lead to more leisure time and more time to pursue education and other intellectual endeavours. But this has not happened. Automation has benefitted the owners of the technology and their financiers, but not those who have been replaced.…

On Randomness

It is human nature to attach meaning to randomness. So, it is often believed that someone who has had several years of investment success, for example, is more skillful than others with less success. However, it is quite likely that it is instead a lucky streak. There is an excellent…

Australian Property May 2017

Australian property is looking fragile, particularly in Sydney and Melbourne. Some factors that suggest we are at the calm before the storm: Ever more properties on market Selling booths for apartments back in malls Several hundred new apartment buildings under construction in Sydney New building approvals fall Crack down on…

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