Category Archives: Uncategorized

60 Minutes: High speed traders

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.

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QE3? Maybe…what will you do about it?

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

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Central bank intervention killing the economy with “kindness”

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

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