Market Structure Insights
November 19, 2014
You’ve got to know what to measure. Every time I interact with anybody from an airline to my company’s communications providers, I get a survey. “How’d we do?” It drives me crazy. It’s like Claymation customer service: Move something, take a picture. Move something, take...
November 12, 2014
Ticks are blood-sucking insects, about how regulators have viewed spreads between stock prices. Country singer Brad Paisley sings that he’d like to walk you through a field of wildflowers and check you for ticks. As a kid in tick country on Oregon’s Snake River breaks,...
November 5, 2014
What are the implications? Posing that question is a great conversation-starter unless you’ve just asked your teenage son about a substance you’ve found in his room that is not (currently in your state) sanctioned by the government, or if your party is on the long...
October 29, 2014
“I’m going to write a four-letter word meaning intercourse,” my speech-class colleague Jim announced, striding to the chalk board. It was 1986. Stunned, the rest of us stared open-mouthed. The chalk clicked. Jim stepped back and with a flourish gestured at what he’d written. “Talk,”...
October 22, 2014
It’s not what you think. Heard that phrase before? Last Wednesday, Oct 15, apparently everybody trading equities believed the world was dissolving in an apocalyptic stew of Ebola, European recession, unused petroleum, Chinese debt and Mideast terror. The DJIA at one point dropped 460 points. Son...
October 15, 2014
There’s no one-word description. The Ides of October arrives serene and tranquil in Denver, the Rockies dusted with recent snow, the sky intensely blue, deciduous trees on the boulevards colored like Jackson Pollock movements on a Wayne Thiebaud landscape. By contrast, the equity market recalls...