2 entries for Saturday, November 8, 2025

[The market only cares about how economic data releases compare to expectations; so not in relation to last month or year but rather the median awaited by economists and traders.]

[When markets react to old or random news, focus more on what's happening rather than whether it makes sense.]

[If you backtest and find an optimal moving average that worked in the past, that doesn't guarantee success in the future. Better to pick what fits your timeline granularity.]

How Bible Sales and Chipotle Explain the Economy

Automation erases the “training ground” work that once created experts. When machines do the junior tasks, no one learns the senior ones. Apprenticeship collapses. CEOs, driven by short-term preservation, hype AI as salvation because it buys them another quarter.