Market Structure Insights
March 16, 2010
You’re at your desk doing a last copy edit on the shareholder letter for the annual report. You glance at your daily trading, as IR folks do. You frown. You drink tepid Starbucks from yesterday and wince. For the third straight day your stock is...
March 9, 2010
Ever since I started ModernIR in early 2005 we’ve been hindered by one thing: me. That’s why I’m delighted to announce a dramatic expansion of the brain trust with the arrival of my brilliant bride, Karen Quast, later this month to head operations. A CPA...
March 2, 2010
My lovely bride Karen said, “Maybe you should be less negative in the Market Structure Map.” Only fort-two and I’m turning into a grousing old goat! I doubt many of you would disagree that I’ve sniped about the state of the markets the past few...
February 23, 2010
What do air travel and equity markets have in common? As background, we’re readying a comment letter for the SEC’s Concept Release on Equity Market Structure. Exciting stuff! (We heard your groans all the way here in crispy, crunchy Denver). Really, they did a good...
February 16, 2010
The derivative we need is a weather swap. The Winter Olympics would pay a premium for that spare snow lying around unused on the east coast. Speaking of derivatives, the dollar retreated today, and US equities rebounded. We all want it to be about investing....
February 9, 2010
What a blast we had in the high country skiing last week! But now, East Coast, we here in Denver would like our snow back, please. Everybody’s got an opinion on why the market is yinning and yanging. We, I believe uniquely in IR, look...