Michael Harris

Author Archive

  • Dec 12, 2025
    Although market timing is effective, laypeople often lack a clear understanding of its goals and problems. 
  • Nov 26, 2025
    I label any predictions of the stock market's performance for next year as "unnecessary" due to the high likelihood of a rising market and the frequent absence of confidence...
  • Apr 11, 2025
    After a negative 7-sigma two-day drop last week in the S&P 500 index, yesterday there was a positive 9-sigma rally. These tail events are rare and have historically occurred...
  • Mar 27, 2025
    Predictions of when the next bear market will arrive are futile exercises and they focus on the wrong problem. A better problem to focus on is how to minimize the inevitable losses.
  • Jan 22, 2025
    Commodities are on the rise and may outperform stocks, based on recent political and economic developments.