Market Structure Insights
November 30, 2016
Are you a Counting Crows fan? Karen and I saw the band years ago at Red Rocks, our fabled foothills venue. Front man Adam Duritz lived, he said, in Denver as a child. One great song goes, “It’s a long December and there’s reason to...
November 23, 2016
Editorial Note: Happy Thanksgiving! We hope you reflect gratefully this season, as we will. And speaking of reflecting, you might think with markets hitting new all-time highs after the election that we’ve beaten a retreat (what the military calls without irony “advancing to the rear”)...
November 16, 2016
Karen and I are in Playa del Carmen, having left the US after the Trump election. Just kidding! We’re celebrating…Karen’s 50th birthday first here on the lovely beaches of Quintana Roo and next in New York where we go often but never for fun. This...
November 9, 2016
Power changed hands in the USA today. I don’t know in what way yet because I’m writing before election outcomes are known, and about something for the market that will be bigger than which person sits in the oval office or what party holds congressional...
November 2, 2016
The Nasdaq will now run Goldman’s dark pool. Walk up to any random stranger and blurt that phrase and see what happens. Nasdaq? Goldman? Dark Pool? You’re crazy? Bloomberg reported on Halloween that banker Goldman Sachs would turn over management of its so-called dark pool...
October 26, 2016
The market appears to have become the Walking Dead. I don’t mean a collection of bodies reduced to bloody pulp by a barbed-wire encased baseball bat. That would be the Presidential election. (Aside: you who watched the new Dead episode know with nauseating certainty what...