Right up until the chart below was prepared, it seemed the key point of this post was going to be that consumer sentiment is holding steady near some its best post-recession levels, but, in looking at the curve below it seems more important to ask what all the hubbub is about in the stock market that, according to some, is […]
Even professional traders and investors can’t always speak the language of colleagues working in a different segment of the financial world. With that in mind, we’ve introduced this weekly column, looking at one esoteric or potentially misunderstood finance or trading term every week. After we defined the wonderful word “contango” in last week’s inaugural edition, we’ll now tackle “carry trade.”What Exactly Is a […]
Even though Canadian trader Brad Katsuyama had found the elusive answers to a question that baffled even the most powerful Wall Street investors, he had a tough time, at first, even getting a meeting in the executive offices of one of the top financial firms in the United States.The Markham, Ont.-native worked in the Manhattan offices of the Royal Bank […]
Books by Balkinization Bloggers
Joseph Fishkin, Bottlenecks: A New Theory of Equal Opportunity (Oxford University Press, 2014)
Mark A. Graber, A New Introduction to American Constitutionalism (Oxford University Press, 2013)
John Mikhail, Elements of Moral Cognition: Rawls’ Linguistic Analogy and the […]
Posted on: 5:55 am, March 18, 2014, by Staff Writer, updated on: 04:32am, March 18, 2014High-tech combines and satellite connections pose a new problem for farming: Who gets all the data? In the past, it was assumed all the information farmers collected was theirs, but with internet sending data straight to massive hubs, large corporations have valuable farming habits and […]
SummaryDeterioration of the Crimea crisis after referendum results likely to bring sanctions and Russian counter actions, placing new obstacles before the global economy.
Controlled situation could deteriorate further if Ukraine defends its territory via military intervention.
Largely unaffected stock market must quickly incorporate a suddenly severely […]
Vladimir Putin’s decision to try to seize Crimea from Ukraine may make nationalists happy, but investors — Russian or otherwise — are getting clobbered. Russian stocks have been in a tailspin since mid-February with the Micex — the benchmark index of the Moscow Stock Exchange — falling nearly 17% since then. It was off nearly 2% on Thursday after opening […]
Benchmarks ended lower on Tuesday as investors booked profits on a day devoid of major economic developments. Rise in US wholesale inventories and job openings in January provided little excitement to the investors. On top of that, a fall in small business sentiment somewhat damaged the mood. In the retail segment, the deal between Jos A Bank […]
The MSCI World Index closed at an all-time-high Thursday, blowing past the pre-recession peak in October 2007 for the first time.This coincided with the S&P 500’s all-time-high, which came on the fifth anniversary of the U.S. bull market.As American Enterprise Institute’s Mark Perry notes, the MSCI has spiked 17.5% in the past year.”Bottom Line: The global stock market rally […]
Some farmers are worried that with the latest push from seed manufacturers, their planting techniques could be used against them. Monsanto and DuPont (two of the largest seed providers in the world) are urging farmers to implement data-driven “prescriptive planting” tech that suggests how densely rows of seeds should be planted and at what depth. It also gives detailed information […]
