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Mount Vesuvius Anyone?

“In the face of a shock, investors may be surprised to find themselves jammed running for the exit.” That quote is from Paul Tudor Jones, who was one of the pioneers of the modern hedge fund and is considered a brilliant investor and trader. He went on to say that things are “on the verge of a significant change” and that the current market reminds him of 1999. The current market reminds me of the demise of Pompeii, which was destroyed by the massive volcanic eruption of Mt Vesuvius in 79 AD. Pompeii was a prosperous city of the Roman […]

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West Coast Seismic Alert: 2 Alaskan Volcanoes Erupt As Earthquake Swarms At Mount St. Helens Raise Concerns

Mount St. Helens, Mount Rainier and Mount Hood are all major volcanoes that lie along the infamous “Ring of Fire” that runs down the west coast of the United States, and all of the seismic activity that has been taking place in the region has many concerned about what may happen next.  Earlier this month, I wrote about how 45 earthquakes of magnitude 2.5 or greater hit Alaska in just one 24 hour period.  This week, it is volcanic activity that is raising concerns.  The earthquake swarms at Mount St. Helens are making headlines all over the globe, and on […]

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