Market Structure Insights
October 17, 2012
Let’s go to the tape. That’s what we hear in sports now, especially football. Send it to the replay booth. Forget the referee’s call. We’ll check frame-by-frame and – yes, see, right there, his pinky finger holding the ball broke the goal line. TD! I’m...
October 10, 2012
Have you seen that car commercial with the bearded guy? The car chimes when you should check the tires. To drive the point home, as it were, we viewers see our bearded fellow getting hired and, as the new boss extends a hand, going overboard...
October 3, 2012
The Great Debate is upon us. No, not the presidential one tonight. The other one, about equity markets. The SEC’s technology summit yesterday aimed at finding ideas for preventing another Aug 1 Knight Capital debacle from ever happening again included mostly the folks who huddled...
September 26, 2012
The structure of equity markets is like Lance Armstrong: Defining an industry but dogged by accusations. The SEC seems to be in near-continuous investigative mode. Last week the Chicago branch of the nation’s central bank, the Federal Reserve, joined the cooks in the kitchen, including...
September 19, 2012
An ode to erudition in professional sports, these pearls of wisdom overheard on sidelines come thanks to ESPN’s halftime report during the unfortunate demise of our Denver Broncos in Monday Night Football: “If you hadn’ta been where you was, and did what you did, we...
September 12, 2012
We all love soaring markets. When were you last dead sure what drove your stock up? Today, a German court will decide if German taxpayers must back last week’s European Central Bank plan to buy Eurozone debt, which powered US equities to multi-year highs Sept...