ET Pro China Monitor

The Business of Epsilon Theory

By Ben Hunt | April 23, 2014 | 0 Comments

I started the Epsilon Theory project nine months ago with the publication of a “Manifesto” and an email to a few hundred friends and colleagues.…

The Adaptive Genius of Rigged Markets

By Ben Hunt | April 20, 2014 | 0 Comments

Same as it ever was, same as it ever was, same as it ever was, same as it ever was – Talking Heads, “Once in…

Beta Earthquake

By Ben Hunt | April 13, 2014 | 0 Comments

One of the things I like to keep my eye on when I’m puzzling out what’s going on in the market are the specific company…

The King is Dead. Long Live the King.

By Ben Hunt | April 7, 2014 | 0 Comments

Le roi est mort, vive le roi! – French proclamation as coffin of old king is placed into burial vault of Saint Denis Basilica. The…

Hollow Men, Hollow Markets, Hollow World

By Ben Hunt | March 30, 2014 | 0 Comments

Apocalypse Now (1979), based on “Heart of Darkness” by Joseph Conrad Kurtz:  Did they say why, Willard, why they want to terminate my command? Willard:…

Two Shifting Narratives

By Ben Hunt | March 24, 2014 | 0 Comments

Two brief observations on incipient shifts in powerful Narratives … First, China. The pleasant charade that recent currency intervention was nothing more than an effort…

Surely You Can’t Be Serious

By Ben Hunt | March 20, 2014 | 0 Comments

The Secret of life is honesty and fair dealing. If you can fake that you’ve got it made. These are my principles, and if you…

Panopticon

By Ben Hunt | March 16, 2014 | 0 Comments

The Panopticon: a new mode of obtaining power of mind over mind, in a quantity hitherto without example. – Jeremy Bentham

But the guilty person is only one of the targets of punishment. For punishment is directed above all at others, at all the potentially guilty. – Michel Foucault

Rosebud

By Ben Hunt | March 9, 2014 | 0 Comments

Question: Mr. President, a clarification if I may. The people who were blocking the Ukrainian Army units in Crimea were wearing uniforms that strongly resembled…

Two Quick Points

By Ben Hunt | March 6, 2014 | 0 Comments

Two quick Epsilon Theory points before the jobs report tomorrow. First, remember the Goldilocks Narrative of the post-Great Recession Era…slow growth keeps the Fed in play, so…