I have been quiet of late. I feel a lack of energy personally when thinking about the markets, I think it relates to the fact that I am painfully integrating the fact that logic and common sense has very little if any place in a market engulfed in a “complex”.
What I want to write about today stems from two recent encounters where I experienced a completely different side to a particular persons personality. Lets start with a quote about a persons persona from Jung.
The persona is a complicated system of relations between individual consciousness and society, fittingly enough a kind of mask, designed on the one hand to make a definite impression upon others, and, on the other, to conceal the true nature of the individual. “The Relations between the Ego and the Unconscious” (1928). In CW 7: Two Essays on Analytical Psychology. P.305
In both the instances I am referring to the individuals are typically shy, quiet and reserved (introverted) yet placing them in a certain public setting their persona completely changes to the opposite and they become this outgoing, theatrical extrovert.
My experiencing of these two events at first seemed quite shocking but as I thought more about it in the moment I started smiling, as I realized I was witnessing a persona in a true state of consciousness.
I will end with the comment that I believe the markets themselves express these very same personality attributes. You see it in volatile markets (extrovert) or in quiet low volatile markets (introverts). The bottom line is we all need to express ourselves consciously and that includes the markets. We cannot be one dimensional it is important that we experience those opposites to fully integrate what we are feeling on the inside in our unconscious minds.
My understanding of market regime changes fits nicely with this observation in a social setting.