The fiscal cliff beckons and, as previously predicted, a resolution is unlikely. So let’s ignore the cliff this week and consider what’s happening elsewhere. Viva Europe! Last week was a good…
Set Our Markets Free!
In the not-too-distant past, the stock market rewarded entrepreneurs who worked hard and had innovative ideas. Today, the market is driven primarily by two things: Monetary policy. The Federal Reserve…
The Truth about High-Frequency Trading
We’ve been critical before about high-frequency trading. While regulation sometimes makes matters worse, it’s encouraging that he U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing this…