May 2012 Monthly Archive

Market correlation questions: what is the primary driver here?

I guess it is no different this time. There are always more questions than answers. I guess the first question is: Are we finally seeing a change to the “all one market” liquidity-driven correlations in global markets? Read more

Free Markets: caught up in my ideology or cause for real concern?

First, let me be clear. It has been a very long time since we had truly free markets. Since governments were formed, early in civilization, they have always had a hand in the market. We don’t have free markets; we instead have “quasi free markets” and they seem to be becoming more “quasi” by the day. Read more