adenovir

Orwellian Finance: Is 1984 Happening in 2009?

While many of the facts in the article ring true, the part about "The Party" seems to be a stretch. The real power is held by the entities (financial firms) that have become too big to fail and their ally the Federal Reserve. The government allowed these entities to grow to their current size, but now is helpless to do much about them. Neither party has the answer to these problems.

Implied Volatility Suggests Financials Risk Is At Six-Month Low

I always thought that when volatility was low, it meant that market participants were complacent. Doesn't that seem like a better setup for a high than a low? It's peaks in the volatility that tend to mark bottoms, not valleys.