It Looks Like Everyone Owes Bernanke A Big Apology
Read more: http://www.businessinsider.com/it-looks-like-everyone-owes-bernanke-a-big-apology-2013-7#ixzz2YGtgecYehttp://static6.businessinsider.com/image/51c63601eab8eacd4d000027-800-/ben-bernanke-53.jpg
Source: Revista Presei
SIX THINGS WE LEARNED FROM BERNANKE’S TESTIMONY
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Years ago, while attending an economics conference, I heard someone—I think it was Richard Freeman, of Harvard, but I couldn’t swear to it—respond to a presentation by saying that it hadn’t cleared up the issue at hand but that it had improved the quality of our ignorance. Two days of testimony on Capitol Hill from Ben Bernanke, the Fed chairman, has accomplished something similar. At the end of it, we still don’t know for sure where Fed policy, and the global markets that depend upon it, will go from here. But we have learned some valuable things. Here are six of them:[/size]
http://www.bloomberg.com/quote/SPX:IND
http://www.usatoday.com/story/money/markets/2013/07/18/stocks-thursday/2540807/
Source: Revista Presei
Quantitative prop trader: 'I wouldn't try to raise the price of rice and starve China'
Joris Luyendijk meets a trader who says their approach is far from 'evil', but one of extreme caution and calculation
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• This monologue is part of a series in which people across the financial sector speak about their working lives
"So far you miss a speculator, the finance bad guy," he wrote in the blog. "Well, that would be me," adding: "If we go for some food you'll be able to make one of those nice plate descriptions
" So we're meeting one harsh, cold February evening for dinner in Strada, an Italian restaurant opposite the now-evicted Occupy camp. He is an inconspicuous-looking man, originally from continental Europe. He orders a vegetarian pasta and sparkling water.
Source: Revista Presei
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