The New Normal

 

The “New Normal” was an innocuous quote by Mohamed El-Erian, Pimco  suggesting an uncertain future, sluggish growth, international discord, low return on capital etc. Such is the reach of media that ‘The New Normal’ has become a buzz word. It signifies the times we live in. It talks about new change, a new time. But is “the New Normal’ old wine in new bottle addressing “This time it’s different or this time it’s definitely bad”.
Social Networks are the new normal. I juggle between my offline and online networks. We are sharing so much information that we can’t really differentiate real information from noise. On one hand it might cause disorientation and on the other hand identifying patterns in presumed random chaos might be the only way out. Is it really that uncertain? Or do we lack big picture tools?

During the recent trip to a MTA (Market Technician’s association) chapter meeting in Budapest, a colleague mentioned how DAX was hard to trade and behaved like a Struţocămila, a special Romanian term describing an animal with features of both Ostrich and camel. His point was the DAX was…

This article was written for Business Standard

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