Today’s most shared: Dark pools, which individuals can’t trade on, seen tilting the playing field more than HFT. Warren Buffett hasn’t had a great five years since the crisis. Are small caps overpriced? 40% of Americans couldn’t come up with … Read more
Leave a CommentToday’s most shared: HFT debate: Institutions v. market-makers, dark markets vs. transparent ones. Schwab: HFT a ‘cancer.’ BATS CEO forced to correct misleading statements made on CNBC. Bill Gross looks for a dead cat bounce. Treasure your pets and all … Read more
Leave a CommentToday’s most shared: How Ken Lewis, represented by ex-SEC chair White, got off after firing general counsel who warned of losses that needed disclosure. More HFT flash crash trash talk. Goldman exits NYSE marketmaking, JPMorgan exits commodities, Blythe Masters, innovator … Read more
Leave a CommentToday’s most shared: “You want to do this? Let’s do this!” HFT debate rages. Billy Salomon turns 100, reminisces about bygone, more human days. China bypassed as emerging market flows return. Stock market closes at record as US vehicle sales … Read more
Leave a CommentToday’s most shared: High frequency brouhaha gains steam as FBI investigates, trading wizards defend practices. Pimco’s Balls profiled. Hedge fund pity party as favorite trades unravel in March. Yellen courts Main Street with speech about troubles of unemployed, but cited … Read more
Leave a CommentToday’s most shared: Media frenzy over HFT as bestselling author Michael Lewis says market is ‘rigged.’ Profit margins – when foreign earnings are excluded, S&P margins look more sustainable. It’s not about the top 1%, it’s about the top 0.01%…Was … Read more
Leave a CommentToday’s most shared: Citibank bankers, investors up in arms over stress tests. Maria Bartiromo launches on Fox, talks about what went wrong at CNBC. Federal deficit below Reagan deficits as percentage of GDP, as corporate profits rise to record. Cue … Read more
Leave a CommentToday’s most shared: Citi capital plan fails to pass muster; BoA settles GSE lawsuits, Ken Lewis must pay $10m; Changing bank culture Value investing only works because it’s hard. Top charts on inequality via Piketty; Takers at the bottom and … Read more
Leave a CommentToday’s most shared: ECB opens door to unconventional monetary policy to fight deflation. New York Fed researchers look at the issues of too-big-to-fail banks, including the value of the implicit government backstop. Another giant tech windfall as maker of virtual … Read more
Leave a CommentToday’s most shared: Whether the market is overvalued always comes back to whether profits are sustainable or will revert to the mean. CLOs and CDOs make a comeback, and the SEC investigates whether they are used as a gimmick to … Read more
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