The markets were lifeless today. Here’s my video commentary.
Entries Tagged as 'Editorial'
July 31st, 2012 · 1 Comment
April 25th, 2012 · No Comments
I am increasingly convinced that the monetary efforts of the central banks are overriding the natural cycles and whatever other forces normally determine the course of financial market prices. My own proxy for this central bank “money pump” is a smoothed sum of the FED’s balance sheet and 20% of the ECB’s balance sheet converted […]
May 19th, 2010 · 2 Comments
A favorite saying from my floor trading days was, ‘When the revolution comes, first they shoot the speculators.’ I usually envisioned the speculators being rounded up by the revolutionaries in this scenario. But with a war on speculators being declared by government types, I suspect I had the details all wrong. Germany’s intent to curb […]
March 9th, 2009 · 1 Comment
March 9th, 2009 · No Comments