Kid Dynamite writes:
“I couldn’t help but thinking, as I watched portions of MTV’s New Year’s Eve coverage which featured the cast of the Jersey Shore, that it’s hard to be bullish on America. Why? Simple answer: Jersey Shore Season 3 – the mere fact that it exists. That alone is bearish.”
Anyone have any other examples of discouraging pop-culture indicators? Shouldn’t be too hard. He then links to an older posting titled “Issac Newton, Mean Reversion, and Momentum” which I found to be a particularly insightful view on market psychology and effective investment strategies.