A little overdue but today we heard from the Bank of Japan and possible proposals to take rates even further negative and the likelihood banks passing these levels on to end retail. The Nikkei obviously liked it rallying 1.2% on the day whilst the Yen weakened over 2%. Both the Shanghai and HSI had mixed […]
We have provided an update on the metals in the private blog
Saudi Arabia has threatened the Obama administration and congressional leaders that it will sell billions of dollars in U.S. financial assets if Congress passes a bill to make the Saudi government legally responsible for any role in the 9/11 attacks. That bill would allow claims to freeze their assets in the USA by a judge pending […]
Our criminal justice system is the worst in the world. America has only 4.4% of the world population but 22% of the world’s prison population. We have the worst system in the world because you stand very little chance of having a fair trial. The time it takes to even overturn wrongful convictions is outrageous. […]
Jimmy Durante captures the mood of the nation during the Great Depression in 1933 basis FDR’s program.
It really felt like a day of two-halves today after a lack-lustre Asian session and a weak European morning. The Nikkei was again a talking point (or at least the JPY was) but Shanghai too saw a bit of volatility as we flirted toward the 3k level early afternoon only to recover by the close. […]
QUESTION: Marty; I attended your WEC in Princeton. It was really amazing. The year before you had pre-conference training session. That might be a good idea to bring back for this year. On another note, Trump seems to be just self-destructing and Cruz has effectively said the Republican Party is over for he will not […]
Good Friday The NYSE will close on Friday November 25, 2016. CME Equity products, Interest Rates, FX, Grains, CME Europe, and Korea Exchange (KRX) will be closed on Friday.
It is a sad state of affairs when, after a terrorist incident such as yesterday’s events in Belgium, how quickly the markets have accepted it and within a few hours priced out! This is both a reflection of what is becoming “a horrible accepted norm” and also the lack of market participants. Even though Asian […]
This has been a long time coming. Porting over the old code to run on the internet has been like having to translate French to Japanese and then to English. Most of the original code was written in assembler because it had to be super fast. Speed and memory used to be critical back in […]
