Archives: August 2015

28 August 2015 - 16:43, by , in Uncategorized, No comments
2nd Quarter GDP was revised up this week from an annual pace of 2.3% to 3.7%.  Some of this increase arose from an increase in consumer spending, in particular housing and autos.  So let’s look at some trends in consumer behavior. The financial crises of 2008/2009 was bought on by excessive debt.  Debt is still...
27 August 2015 - 13:54, by , in Uncategorized, No comments
Monday August 24th, was quite a day.  It was a good old fashioned flash crash. Liquidity disappeared from the market and some of the largest companies in the world saw their stock prices down over 20% at the open.   The role of computers and high frequency traders cannot be overlooked in this situation –...