Market Structure Insights

August 25, 2021

Where’s what going? Time? Hm. Money?  Well. Yes. It abounds and yet it doesn’t go far.  Why that’s the case is another story (I can explain if you like but it usually clears a room at a cocktail party). First, if you were spammed last...

August 18, 2021

Things are getting worrisome.  It’s not just our spectacular collapse in Afghanistan less than a month before the 20-year anniversary of Nine Eleven.  That’s bad, yes.  Inexcusable. It’s not the spasmodic gaps in supply chains everywhere – including in the stock market.  It’s not bond...

August 11, 2021

The starting point for good decisions is understanding what’s going on.  I find it hard to believe you can know what’s going on when you’re authorizing trillions of dollars of spending.  But I digress. Investor relations professionals, when was the last time you called somebody...

August 4, 2021

We’re back!  We relished upstate New York and Canandaigua Lake.  If you’ve never been to Letchworth and Watkins Glen parks, put them on your list.  See photo here from the former, the Upper Falls there. Alert reader Deb Pawlowski of Kei Advisors, a local resident,...

July 21, 2021

So which is it?   Monday, doom loomed over stocks. In Punditry were wringing hands, hushed tones. The virus was back. Growth was slowing. Inflation. The sky was falling! Then came Tuesday.  Jekyll and Hyde? Options expirations.  Only CNBC’s Brian Sullivan mentioned it. As ModernIR...

July 14, 2021

Happy Bastille Day!  Also, Goldman Sachs made $15 per share, 50% over expectations. The stock declined. JP Morgan earned $12 billion on revenue of $31 billion, doubling views. Shares fell. Why are banks making 36% margins when you can’t earn a dime of interest? I...

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