Mark mentions systemic risk to the global marketplace and I believe that therein lies the rub with regulation. It’s impossible to determine if our current market environment is being propped up by millions of arbitrage capitalists or not. If the last five years of “growth” has been synthetic, to what degree will the global markets be affected if our regulators remove HFT firms and their ilk from the exchanges? I think the uncertainty around the answer is one reason we see such a subdued reaction across the board.
I'll confess that I am a novice when it comes to currency trading. But I'm fascinated by your articles, Marc, because I feel that if I better grasped the ebbs and flows of relative currency values I'd be a better investor. Would you ever consider writing a primer about currency trading?
Best (only) guess I've seen is a comment on your blog, from Murray, who thinks it's the dollar index. Cmon Chris, it's been 12 hrs, don't leave us on tenterhooks :-)
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Mark mentions systemic risk to the global marketplace and I believe that therein lies the rub with regulation. It’s impossible to determine if our current market environment is being propped up by millions of arbitrage capitalists or not. If the last five years of “growth” has been synthetic, to what degree will the global markets be affected if our regulators remove HFT firms and their ilk from the exchanges? I think the uncertainty around the answer is one reason we see such a subdued reaction across the board.
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I'll confess that I am a novice when it comes to currency trading. But I'm fascinated by your articles, Marc, because I feel that if I better grasped the ebbs and flows of relative currency values I'd be a better investor. Would you ever consider writing a primer about currency trading?
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Best (only) guess I've seen is a comment on your blog, from Murray, who thinks it's the dollar index. Cmon Chris, it's been 12 hrs, don't leave us on tenterhooks :-)
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Don't be ridiculous. I'm not saying you are completely wrong, but when you take it to the extreme like that, you lose credibility.
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