Michael Lewis’ new book Flash Boys comes out today. It’s all about the confusing world of high-frequency, algorithmic trading.He was on 60 Minutes last night talking about the subject and promoting his book.In this short segment, he argues that the stock market is rigged.The first 45 seconds are the key part, wherein he explains the mechanism by which high-frequency traders […]
Steve Kroft reports on a new book from Michael Lewis that reveals how some high-speed traders work the stock market to their advantageIs the U.S. stock market rigged? Lewis explains how the stock market is riggedAuthor Michael Lewis explains why vast sums of money are being spent by high frequency traders to gain microseconds in speed~~~Lewis: Investors, big and […]
March 31, 2014How the Stock Market is Rigged
Michael Lewis’ great new book Flash Boys comes out today and he was on 60 Minutes last night explaining how traders use high-frequency, algorithmic trading to rig the stock market in their favor.
Here’s the video:Comments (View)
POLITICAL WIRE PODCAST
Engaging conversations about elections and the political issues of the day. Subscribe via iTunes or RSS […]
The U.S. stock market is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you’ve just ordered, order it first, then raise the price before your order is complete.And according to Michael Lewis, author of a new book about high-frequency trading called “Flash Boys,” this form of “front running” is completely legal. […]
Amazon.comSee Also7 Books Every Leader Should Read, According To A Harvard Business School Professor Goldman Sachs Just Threw Stock Exchanges Under The Bus15 Outrageous Facts About 15 Central Park West, The World’s Most Powerful AddressMichael Lewis and his publisher have done an excellent job keeping the details of his new book, ‘Flash Boys: A Wall Street Revolt’, completely under wraps, […]
The Ratio of U.S. House Prices to Gold and Silver Market SentimentCommodities / Gold and Silver 2014Jan 03, 2014 – 11:38 AM GMTBy: Dr_Jeff_Lewis
The last time housing market sentiment and precious metals prices lined up this way, we were on the cusp of massive volatility and collapse. Housing had […]
