If I had a share of Disney stock for every one of my crazy apartment hunting expeditions, I'd be wealthy enough to drop a down payment on a Silver Lake midcentury with an obstructed view of Trader Joe's.
"This is probably the gloomiest conference I've attended since February 1999, when oil prices were so low," Mr. Varzi said, echoing the views of traders and other delegates.
The fact that non fundamental factors can be such powerful movers of markets is not a reason to let traders dictate monetary policy; it's a reason to consider the views of traders when interpreting prices and formulating policy.
Second, its seems important to note that electronic trading–which was originally heralded as the end of trading inefficiencies has, in the view of some traders, resulted in markets more segmented than in the old days where arbitrageurs were able to exploit small variances between the Pacific and New York exchanges.
From the point of view of a trader, or a CEO, the bigger risk is missing out on the easy money that is to be made.
I am not alone in my harsh view of high testosterone traders.
"When children trade in the playground, they become the traders of tomorrow," he adds, perhaps at risk of putting off some parents with a dim view of today's City traders.
Crude oil prices anywhere above $50 make these North American deposits economically viable, and the block traders' view of CNQ's prospects have typically been followed by double-digit average price gains within three months … although there are no guarantees.
We are being squeezed, and the question is, how do we turn this into something that makes us more understanding and more engaged people rather than people who just disappear into a cocoon and tell the rest of the world to drop dead?" That is also pretty much the view of Mr. Murphy, the Manhattan trader.
Consider the following examples to get an insider's view of a few successful online traders.
