Market Structure Insights
November 24, 2021
The most important thing this week is gratefulness. We at ModernIR wish you and yours everywhere happiness and joy as those of us here in the USA mark a long and free tenure with Thanksgiving tomorrow. Karen and I saw the Old South Meeting House...
November 17, 2021
A lot has happened on Nov 17. Queen Elizabeth took the throne in 1558. Napoleon beat the Austrians outside Venice (and declared Piazza San Marco the “world’s most beautiful drawing room”) in 1796. On this date in 1855, David Livingstone saw Victoria Falls. General Ambrose...
November 10, 2021
The drug wears off. Four-word summary for monetary policy and markets. If you’re thinking, “I can’t take any more market structure or monetary policy!” you’re not alone. Karen is with you! I won’t bore you, promise. There are things to know. Hang with me. First,...
November 3, 2021
One of the penalties of refusing to participate in politics is that you end up being governed by your inferiors. So, purportedly, said Plato. That’s our sole word on current elections. Now let me tell you how my order to buy 50 shares was internalized...
October 27, 2021
D-whacked. That’s how some described the stock market the past few days. Since Donald Trump has been cancelled from popular culture, you’d be excused for missing the debut of a SPAC associated with the former President called Digital World Acquisition Corp (DWAC). You get it...
October 20, 2021
Gamestop wasn’t our fault. That’s the conclusion of the Securities Exchange Commission in a 45-page report. I’m reminded of Gulliver. Not tiny people with tiny ropes tying down the giant SEC while it slept. Satire. That the SEC exonerated itself comes as no surprise. Ask...