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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Market internals. Show all posts
Showing posts with label Market internals. Show all posts
Sunday, July 19, 2026

The PSEi-ICTSI Show, Part II: When One Stock Becomes the Market

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  The reflexive interaction between the act of lending and collateral values has led me to postulate a pattern in which a period of gradual,...
Sunday, March 02, 2025

Mounting Cracks in the PSEi 30: How Structural Imbalances Are Amplifying Market Stress

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True confidence does not come from “you can trust us if we screw up because someone else will bail you out” but from “you can trust us becau...
Sunday, October 20, 2024

Melt-Up! Philippine Financial-Bank Index Hits a Milestone High!

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  Causa remota of any crisis is the expansion of credit and speculation while causa proxima is some incident that saps the confidence of the...
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