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Daily Archives: October 31, 2011
Big picture on manic markets
Just as we saw risk markets surge the week of October 21 while the Yen soared. Today we have “risk off” across the board as the BOJ intervened for the third time this year to knock the Yen lower. The US dollar … Continue reading
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“Occupy” and others who care about restoring sanity: a couple of key reforms
Here are two simple changes that only the most self-interested, reckless players can lobby against. And they have. But sane minds must prevail: 1. Credit Default Swaps markets must be listed, regulated and open so that all sides can see … Continue reading
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