Spanish 2 yr yield cut in half/China boosts stocks again
The Spanish 2 yr yield, the focus of Mario Draghi’s new found, Federal Reserve and BoE like religion, is now down by half from...
Market Structure & The Near Miss
“It is the paradox of the close call. Probability wise, near misses are not successes. They are indicators of near failure. And if...
Tale of Two Charts: S&P500 and Russell 2000
Interesting divergence between the S&P500 and Russell 2000 in the month of July. The S&P is in a classic short-term uptrend,...
WSJ Interview: Michael Phelps Exits the Pool
U.S. swimmer Michael Phelps, the most decorated Olympic medalist ever, talks with WSJ’s Andy Jordan about what he plans to do in...
What’s Wrong with Capitalism? Too Much “i”
The reality is fear and greed are part of the human condition. There are however times when it appears that the greed factor is...
Could GPS Spoofing Cause Another Flash Crash?
GPS..Global Positioning System. The term has become part of our everyday lives. There are GPS devices everywhere – in your car, in...
Glass Steagall Repeal Made Crisis Worse
> My Sunday Washington Post Business Section column is out. This morning, we push back on the meme that the repeal of Glass Steagall...
Fact-Free Jobs Fridays
If it’s a jobs Friday, it must be time for some fact-free spin, probably from both sides. But the right seems to take things just a...
Will the Peasants Go Medieval On Bankers?
Will We Have to Wait for a 21st Century Peasants’ Revolt Before Seeing Any Real Change? While everyone from Tony Blair to Nouriel...
Top 10 Most Profitable Companies Paid ~9% Tax Rate
SAN FRANCISCO, CA – A new NerdWallet study found the 10 most profitable U.S. companies paid an average of 9% in federal taxes last...