High Frequency Trading, “Dark Pools”, and Large Energy Price Shocks (read: war in the Gulf)

About 32 percent of all stock trades in the US stock markets are being done “off market” in “dark pools” and other confidential “trading platforms”. Trading on well-known markets such as the New York Stock Exchange and NASDAQ has been… Continue Reading  

Is this Déjà vu?

I am hearing the drumbeats of war again. They sound so much like the drumbeats of 2002 that I have to wonder whether the old drummers have been brought out of storage to play the same music to a new… Continue Reading