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Cory’s Chart Corner
Daily Archives: August 14, 2011
Feel the market madness at the NYSE close
See CNN: Computers Rule Wall Street
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Former head of the NYSE Grasso on the negative effects of “uneconomic” trading
The markets have become “highly, highly influenced” by program trading, Dick Grasso told CNBC Thursday. Using computers, hundreds of stocks can be traded in fractions of seconds and for far less than the old margin costs. Grasso, former chief executive … Continue reading
Bill Bonner on the implosion of the debt supercycle
I sat down with renowned financial author Bill Bonner to discuss his views on where we are in the implosion of the global debt supercycle.
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