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Who’s Greenspan Calling Crazy?
New York Sun ^
| September 14, 2016
| Editorial
Posted on 09/15/2016 3:57:23 AM PDT by expat_panama
click here to read article
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To: NonLinear
21
posted on
09/15/2016 5:57:34 AM PDT
by
NonLinear
(Giving money and power to government is like giving whiskey and car keys to teenage boys.)
To: expat_panama
To: expat_panama
From one of your links:
Put simply, the quants have ruined our markets by exaggerating short-term price moves...
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.
23
posted on
09/15/2016 7:22:16 AM PDT
by
citizen
(Sanctuary cities: Illegals move in for free stuff, residents move out b/c they can't pay the taxes.)
To: expat_panama
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? ;)
24
posted on
09/15/2016 8:33:53 AM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
To: Diana in Wisconsin
You are right, of course. If Trump wins, the next big move down will be blamed on him scaring people or some such language.
25
posted on
09/15/2016 8:45:05 AM PDT
by
citizen
(Sanctuary cities: Illegals move in for free stuff, residents move out b/c they can't pay the taxes.)
To: citizen
He IS scary! I can’t sleep at night because I’m convinced he’s hiding under my bed, trying to get me!
*SMIRK* :)
26
posted on
09/15/2016 8:53:29 AM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
To: Diana in Wisconsin
It’s more likely Harry Reid is in your closet.....do not open it!
27
posted on
09/15/2016 11:03:51 AM PDT
by
citizen
(Sanctuary cities: Illegals move in for free stuff, residents move out b/c they can't pay the taxes.)
To: CincyRichieRich
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.
28
posted on
09/15/2016 11:09:57 AM PDT
by
citizen
(Sanctuary cities: Illegals move in for free stuff, residents move out b/c they can't pay the taxes.)
To: citizen
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!
29
posted on
09/15/2016 12:01:49 PM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
To: citizen
quants have ruined our markets by exaggerating short-term price moves...
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.
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