ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
“It’s the main question that keeps me and my colleagues at the MPC up at night. That’s why in our last set of forecasts….we stressed there are upside risks. The slack in the economy is not pushing down on inflation the way we’d like…core inflation is higher in the UK; it’s not dragging down like … Read more
Data Wonks Debut Dizzying Diagram of Flash Crash – MarketBeat – WSJ After slicing the order-flow down to 25 milliseconds, Nanex’s Eric Hunsader says he sees the footprints of the destabilizing practice of quote stuffing. The theory regarding quote stuffing is that it clogs up the quote feeds and allows high frequency traders to profit … Read more
For the past few months, I pestered my youngest brother to write a review of his cogent 2009 analysis of the housing market. In that post, he predicted housing would bottom in April, 2010 and as late as 2013 in a worst case scenario. He has finally produced the follow-up, and I post it below. … Read more
In mid-May I tried to make a case for buying silver as a complement to holdings in gold. At the time, the gold/silver ratio looked ready to break lower and provide silver some lasting out-performance. Instead, silver peaked for the rest of the summer and gold regained its edge. Over 4 months later, the gold/silver … Read more
I bet many American solar companies wish they could get the kind of government sponsorship that Chinese solar companies can get from their government. Last week, I used Cetrotherm Photovoltaic’s deals with China as the latest examples of China’s seriousness about developing capabilities in solar technology. Today’s big news from China benefits LDK Solar, one … Read more