Who’s Greenspan Calling Crazy?

New York Sun ^ | September 14, 2016 | Editorial

[NonLinear]

Sorry, the previous link should have been titled more accurately:

Census Report on Retail Sales

[simpson96]

[citizen]

From one of your links:
Put simply, the quants have ruined our markets by exaggerating short-term price moves...

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This seems true.
High-volume program trades for a few pennies/share up or down do distort the markets.
Many of these moves are the result of a FED member or other notable saying the right (or wrong) thing.
Or because some reported value came in "higher (or lower) than expected."

I'm just a dumb guy reading the internet but it's obvious that these days the fundamentals of a given stock, industry or commodity are farther down the list of value criteria than they used to be.

[Diana in Wisconsin]

I’m still amazed, every DAY, that this House of Cards hasn’t fallen apart by now! I’m starting to wonder if it will in my lifetime? I’ve been planning for it...for about a DECADE, now.

I’m thinking it’ll at least start tilting a bit once Trump is elected. I mean, what better timing than to blame it on the new Republican President? ;)

[citizen]

You are right, of course. If Trump wins, the next big move down will be blamed on him scaring people or some such language.

[Diana in Wisconsin]

He IS scary! I can’t sleep at night because I’m convinced he’s hiding under my bed, trying to get me!

*SMIRK* :)

[citizen]

It’s more likely Harry Reid is in your closet.....do not open it!

[citizen]

Markets are back UP big today....is it because this guy says this:?

Trump Calls for 4% Growth, Pledges to Create 25M Jobs

Republican Donald Trump on Thursday called for a U.S. goal of 4 percent annual economic growth, saying his plans to cut taxes, eliminate regulations and revamp U.S. trade policy would create 25 million new jobs over a decade.

[Diana in Wisconsin]

There’s another GRIFTER who can’t meet St. Peter fast enough for me!

Great! Now I have to go clean out the bedroom closet...just to be sure he’s NOT in there, LOL!

[expat_panama]

quants have ruined our markets by exaggerating short-term price moves...

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This seems true.

While that sure sounds good, for months now we've simply not had any "exaggerating short-term price moves".

 

 imho the only reason he can get away w/ saying that there was is becuase most readers just love to blame workers in the finance sector for all kinds of problems --real and imagined.