Tag: economics

20 year look back on SPY (the market)

on the monthly chart the 2 massive drawdowns are technically similar on a superficial level, but looking closely you will see that the previous massive drawdown tested the bottom several times before steaming back north.  the fundamental economy also had not imploded in that one either whereas we are looking at a deconstruction of the […]

Just what kind of a challenge is military acquisition reform? rhetorical?

We were having a discussion about reforming the military acquisition system around the watercooler today, and the subject came up: what kind of lens should we use to look at the problem? Engineering? Political? Scientific? Metaphorical?   As we circled around the politics of reform I observed: “…If acquisition is a political process (and it should […]

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