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Ep. 307: Bryan Caplan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Idea Trap and the US Stock Markets

I often wonder what would voting patterns and elections for the last few decades look like if the American stock markets look like the Japanese stock markets. I mean, why don't we look at Japan? You have things really improved in their political politics over the last 20 or 30 years. It seems like they too are stuck in a pretty dysfunctional rut. And ultimately, it seems like the US markets being at all time highs gives a lot of cover.

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