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Monthly Archives: September 2012
High Frequency Trading ban in discussion
High Frequency Trading (HFT) is one of the most reckless activities being tolerated in public markets today. We likely need to see another major crash or two before the practice is finally banned or more likely taxed into remission, but … Continue reading
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ECRI update: US in recession now
Lakshman Achuthan, chief operations officer of the Economic Cycle Research Institute, talks about the U.S. economy. Achuthan speaks with Tom Keene and Sara Eisen on Bloomberg Television’s “Surveillance.” Here is a direct link. The trouble with mainstream economic thinkers and … Continue reading
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A Europe devoid of sovereign democracies
The European Stability Fund (ESM) was due to take effect in July and proposed as a backstop to protect the debt crisis from spreading by providing loans to troubled euro zone members. It was designed to replace the European Financial … Continue reading
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