Expect[ed] Loss

Hello readers, and thanks for joining us for our first blog of the new year. This year, in addition to our typical musings on financial...

Al Franken’s announcement of his pending resignation completes his descent from Progressive Saint to something of a pariah figure. But like...

An interesting week. Two developments emerged concerning possible behind-the-scenes activities in two of the largest markets – foreign exch...

Asset price bubbles are a tricky thing.  Recognizing a bubble may be tough enough.  Predicting its bursting is another story altogether.  ...

The equity markets are open from 9:30 am to 4:00 pm Eastern.  Trading does occur after-hours, but it's really a 9:30 to 4:00 pm job, or...

Since the global financial crisis, all sorts of investigations have gone on in the financial markets, and some very interesting chats have ...

Would it be interesting if we told you that owners of Apple products often pay more for the same product when purchasing it online?  What a...

“A talent for following the ways of yesterday,” declared King Wu-ling of Zhao in northeastern China, in 307 BC, “is not sufficient to impro...

It’s been almost two years since the Federal Reserve fined six banks a total of $1.85 billion for misconduct in the FX markets.  Last week,...

Alec Baldwin instructed his henchmen in Glengarry Glen Ross (1992) to "ABC."   Always Be Closing . ABC  v  ABB If he were ...