Where There's Smoke - and Where There's Not - There IS Social Mood
Socio in the News in 200 Seconds
Updated: December 05, 2016
"Smoke" is the metaphor or image people commonly use to warn that the heat from a small combustion may soon become a much larger blaze. And that's the word that came to my mind in listening to Brian Whitmer's discussion of populist politics in Europe.
The word smoke does of course still carry an important literal meaning -- as in, the stuff that does your lungs no good. This week, the literal and metaphorical smoke we spotted in the news adds up to mood-driven events.
Listen on to hear what we see.
Pop Trends, Price Culture is the podcast with strong opinions and strong language about the intersection of psychology and markets. You can download or listen online (it's free). Host Robert Folsom presents real people and real stories with as they meet in the crossroads of mood and markets.
Robert Folsom has covered politics, popular culture, economics and the financial markets for more than 25 years, via print, radio, video and digital content. Robert has served as a writer and editor with Elliott Wave International since 1992. From 2000 to 2007, his 5-day per week blog on elliottwave.com built an investor readership of some 70,000, who read Robert's unique perspective on everything from media follies to mass psychology to under-reported facts about investing.