© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy
In my opinion, horrible article. Not to say that the trader who originally wrote it is a hack, but his commentary seems blind to the fundamental issues at hand; too much leverage, unstable currencies, etc. At the linked page, the blogger mentions “People forget the reasons why some markets exist, what their function in support of the real economy is fundamentally all about.” I’d say that people have also forgotten that the market is the truest barometer of economic expectations. Market moves today, again, in my opinion, reflect expectations of continued potential economic hardship throughout the developed world. There is, point blank, a great deal of uncertainty in just about all markets. Some of the commentary was absolutely absurd too. Claiming that every time commodities start to rally, Bernanke steps in to rifle them down, is something losers like to do. Sorry that his trading styles aren’t working anymore, but it’s on him to adapt.