Market Manifesto

In the mar­ket we see such sud­den change on scales small and large, and we see them all the time. Some­times they show up as big gaps, some­times as sud­den rever­sals in trend, a rever­sal with­out the inter­ven­ing action of con­sol­i­da­tions and con­ges­tion. The cause usu­al­ly stems from unex­pect­ed mar­ket infor­ma­tion, such as a crop report that upsets fore­casts in a rad­i­cal way, unfore­seen cen­tral bank inter­ven­tion, a war start­ing or stop­ping, weath­er anom­alies, an assas­si­na­tion, a gov­ern­ment falling or a rev­o­lu­tion suc­ceed­ing.