Monthly Archives: June 2011

Steve Kroft gets a rare look inside the secretive world “high-frequency trading,” a controversial technique the SEC is scrutinizing in which computers can make thousands of stock trades in less than a second.

As I often tell my kids, there is no accounting sometimes for how crazy people can be. “Crazier than a shit outhouse rat,” as my Grandpa used to say, shaking his head. We know now that QE2 was a bust, … Continue reading →

No surprise, the jobs report was very weak this morning but it failed the consensus expectations significantly. As of the end of May, unemployment moved backed above 9%, May Non-farm payrolls came in at 54K, down from 244K, and not … Continue reading →