The Week That Matters (4-8 March, 2024)

"Banking is very good business if you don't do anything dumb." Warren Buffet

Finally, the air pocket

In aviation science, air pockets don’t actually exist, but they prove to be a descriptive metaphor when discussing markets. You can literally be “flying” without a care in the world and then, all of sudden, the market drops 500 points, and you are engulfed by fear.

In such tapes, newsletter writers tend to have more confidence in …