Opinions on the financial markets

Article by Oliver Gomm

An article about financial markets.

Do we need more opinions or commentary on the financial markets?

The data isn’t already enough? Are you sure?

Any successful trader will confirm; your P&L is everything and reasons or justifications for “this” moved like this, or “that”. Also, crashed or rallied are oftentimes irrelevant.
The data/results, without any description or labelling, is what the audience will remember in 1, 2, 5, and 10 years later.
All the words will drift into the sea of insignificance. “Money talks, and Bullsh*t walks” is a colourful saying, but there are many more to illustrate the point.

Furthermore, almost everyone has a keyboard nowadays together with an internet connection, and a platform to write and share. The volume of words keeps growing and growing and growing. All the while, the data, and the Dollars, the Yen, the Pounds, the Euros etc is what really makes, or breaks people, and shapes their family lives within the wonderful, natural mechanism which we call The Economy. Every Family, or individual, trying to solve the same equation of survival, reduce our suffering, and meet our human needs in their own respective way fuels more and more conversation, discussion, arguments but will it matter?

Greed and Fear also form part of the equation with humans. But they are human phenomena and also not worth labelling; simply good or bad. Again, they are naturally occurring side effects, as we try and reduce our suffering. It’s easy to get lost in the material world, even more so with the avalanche of description and adjectives. Forget that for a moment each day, and meditate on simply solving our basic equation; of limiting our suffering and we will be alright in the end.

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Oliver GOMM