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Tag Archives: trading

A Trader’s Eye View: Market comment by Joe Cambria

SL asked me to do guest post as to what’s going on in the markets and what I think will happen next (yikes) Personally I’ve found this has been the most interesting period I have ever experienced in the financial markets. Volatility, policy adjustments and expectations have changed so much over a period of a [...]

The Chicago Tea Party

Traders on the floor at the Chicago Mercantile Exchange go crazy about Obama’s stimulus plan. The one doing most of the talking is a chap by the name of Rick Santelli. It’s all delivered in the best ‘gangster’ accent, and if nothing else is a rapid-fire introduction to the concept of ‘moral hazard’. Highlights include: [...]