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Ep. 1092: Ben Hunt Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The McGuffin and the Fed

The Fed has been there taking assorted actions for good or bad. Wall Street does it equally well, maybe better. They do it to garner our fruits of our labor. Once you start looking at this machine in the same way that you would look at Hollywood where they make use of very well-defined narrative structures and arcs. The McGuffin is the object of desire which gets introduced typically midway through act one, reveal again towards the end of act two, towards the conclusion. That word, the McGuffin, is now part of Hollywood script writing.

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