Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Saturday, September 16, 2017
Deceit in the Financial Food Chain / Stock-Markets / Market Regulation
By: Rodney_Johnson
I recently watched The Big Short, the 2015 movie recounting the housing crisis. I avoided the movie, and the book of the same name, for years. But I saw the title on Netflix and thought, “Now’s the time.”I didn’t sidestep it for lack of interest. Just the opposite. As a former bond trader I have a keen interest in the debt markets.
I followed the crisis’ every twist and turn, starting in the summer of 2007 when a quiet little corner of the bond market – municipal bond floating-rate note auctions – blew up. I found the steps leading to the crisis, and the events in the aftermath, appalling.
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Wednesday, June 14, 2017
Here’s Why Market Deregulation Will Be Bad For Stocks / Stock-Markets / Market Regulation
By: John_Mauldin
BY PATRICK WATSON : Deregulation was one of President Trump’s top campaign promises. Expectations for it helped spark a post-election stock rally that boosted highly regulated sectors like banking and biotech.
I’ve thought all along people expected too much. Presidents don’t get a magic wand on Inauguration Day, and they can’t bring on major change just by talking about it.
Now, formerly bullish investors and business leaders are starting to curb their enthusiasm.
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Tuesday, March 07, 2017
Glass-Steagall Essential Banking Regulation / Stock-Markets / Market Regulation
By: BATR
The central struggle since the inception of the Republic has been about the control of money. Since the U.S. Constitution clearly defines coinage, the objective of the mercantile elite was to circumvent the law and establish a National Bank. Woe to any defender of President Andrew Jackson for abolishing the Second Bank of the United States and rendering the Bankster Nicholas Biddle to his ignominious place in hell. This victory for the common man was ultimately betrayed when the Federal Reserve Central Bank was instituted with all the ills of fractional reserve banking.
Monday, February 16, 2015
HFT Illegal? A Remarkable Proposition / Stock-Markets / Market Regulation
By: GoldSilverWorlds
A remarkable new paper by a Cornell law professor and CFTC staff counsel suggests that many aspects of high frequency computer trading (HFT) may be, in fact, illegal under various provisions of basic commodity law. Heretofore, it was generally assumed that HFT was legal, but disabused and impacted markets in disruptive manner on occasion. Many, like myself, never looked on HFT favorably, but few have tried to make the legal case against it. The author, Gregory Scopino, writes in his personal capacity and not on behalf of the CFTC. Not a short or easy read (at 90 pages), I feel Scopino makes a well-researched case and even offers answers to questions asked of me by readers, such as definitions for commodity terms and the like. Please take the time to scan the document.
Saturday, January 24, 2015
Goldman Sachs Blankfein - Regulation is Like Background Noise / Stock-Markets / Market Regulation
By: Bloomberg
Lloyd Blankfein, CEO and Chairman of Goldman Sachs, spoke with Bloomberg TV's Erik Schatzker and Stephanie Ruhle today at the World Economic Forum's annual meeting in Davos, Switzerland. Blankfein discussed the performance of Goldman Sachs, the impact of regulation on the financial industry and the outlook for the industry.
On regulation, Blankfein said: "If you ask me how much time do I spend thinking about regulation, and rules and that kind of compliance, all the time. But it doesn't push out other things. It's like background noise. It's like music."
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Tuesday, January 14, 2014
A Free Market Approach to Insider Trading / Stock-Markets / Market Regulation
By: MISES
So-called insider trading may take place in publicly traded firms. It occurs when an individual privy to private information (the insider) attempts to profit on the buying and selling of stocks using non-public information to anticipate the stock’s future price.
For example: Mr. Povedilla, senior director of Joint Public Works Ltd., knows that JPW is going to sign an important contract that may increase the value of the firm and thus raise the stock price. By using this knowledge before it is public, he may buy stock of JPW and profit from the possible price hiking once the announcement is made.
Friday, June 14, 2013
Truly Shocking - Selling Access to Market Moving Economic Data 2 Seconds Before Everyone Else! / Stock-Markets / Market Regulation
By: Money_Morning
Shah Gilani writes: Pssst...Want to buy a watch?
I don't have one for sale, but I know some folks that are willing to sell you... well, it's not a watch, but it's something much, much better. They'll sell you time. You want to buy some time?
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Saturday, April 14, 2012
NASDAQ Seeks To Pay Market Makers In Exchange For Improved ETF Trade & Quote Performance / Stock-Markets / Market Regulation
By: ETF_Daily_News
Jackie Noblett, writing for Ignites.com, spotted a recent SEC filing by Nasdaq that proposes a “Market Quality Program” (MQP) where, “an ETF sponsor would pay an annual fee of $50,000 to $100,000 per ETF to Nasdaq. The fee, which would be in addition to the traditional listing fees, would be passed on to market makers in the form of a rebate in exchange for improving trade and quote performance. Any fees not paid out to market makers would go back to the ETF sponsor.”
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Friday, March 09, 2012
Don't Let the SEC Tread on Your Money Market Funds! / Stock-Markets / Market Regulation
By: Money_Morning
Martin Hutchinson writes:
SEC chairman Mary Schapiro announced last week that she has set her sights on your money market funds.
I'm sorry, but that makes no sense at all. Losses on money market fund investments have been trivial in the almost 40 years they have existed.
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Friday, November 04, 2011
Financial Crisis Inside Story, How the Regulators Let Us All Down / Stock-Markets / Market Regulation
By: Money_Morning
Shah Gilani writes:
Did you hear the story about MF Global?
No, not the headlines about its bankruptcy - the real story. If you haven't heard it yet, it goes something like this.
MF Global became a primary dealer only eight months ago.
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Sunday, June 19, 2011
U.S. Seeks to Curtail OTC Highly Leveraged Trading in Paper Commodities and Currencies / Stock-Markets / Market Regulation
By: Jesse
As part of the reform of derivatives, Dodd-Frank is seeking to prohibit Over the Counter (meaning non-exchange) trading of commodities at leverage of greater than 10:1.
The off exchange traders, particularly those trading in currencies, had expanded their markets into various commodities, offering non-product backed paper trading at very high rates of leverage.
Friday, June 10, 2011
JPMorgan vs. Bank of America, Financial Regulation Debate Showdown Between Bernanke and Dimon / Stock-Markets / Market Regulation
By: Bloomberg
Bruce Berkowitz of Farholme Capital spoke with Bloomberg Television's Erik Schatzker this afternoon from the Morningstar investor conference in Chicago.
Berkowitz said that financial services companies are "stronger and better than they have been in a very long time" and that Bank of America CEO Brian Moynihan is "doing a good job."
Monday, April 04, 2011
How to Profit From Nonsense -- New Financial Regulations / Stock-Markets / Market Regulation
By: Jared_Levy
One way of searching for investment opportunities is to look for businesses that are thriving with products and services that are in demand. But another method for finding investment opportunity is counterintuitive: Look for something that is broken or doesn't make sense. Once you locate that problem or fault, either look for a company that may have a solution or perhaps look at the problem itself to see if it is viable or just noise.
Tuesday, March 08, 2011
Who’s Going to Regulate the Regulators? / Stock-Markets / Market Regulation
By: Clif_Droke
The single most dominant theme among political commentators is the belief that government should do something – anything – to fix the financial system. Regardless of party affiliation, there is a near universal agreement that government should be charged with the task of regulating the financial realm in order to prevent another catastrophe. Read full article... Read full article...
Tuesday, November 30, 2010
Fixing FUBAR: Next Week in Washington D.C. / Stock-Markets / Market Regulation
By: Janet_Tavakoli
Next week, the Federal Housing Finance Agency (FHFA), the regulator for Fannie Mae and Freddie Mac, hosts its Supervision Summit. Attendees comprise 300 "stakeholders," whom I'll address the morning of Wednesday, December 8, 2010 with a presentation titled: Repairing the Damage of "Fraud as a Business Model."
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Tuesday, October 26, 2010
Why Wall Street Bonuses Will Cost Us All in the Long Run / Stock-Markets / Market Regulation
By: Money_Morning
Martin Hutchinson writes:
Wall Street firms may not be reaping the record-breaking revenues of 2004-2007, but they're paying themselves the lofty bonuses of that lavish era - and they're doing it at our expense and with the government's blessing.
Wall Street's pay packages, including bonuses, are set to total 4% more in 2010 than in the already record year of 2009, The Wall Street Journal recently reported.
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Wednesday, May 26, 2010
Financial Reform Bill Failure, Gordon Gekko Is Alive and Well / Stock-Markets / Market Regulation
By: Tony_Sagami
I don’t go to the movies often, but I have a weakness for macho, action films so I went to see the new Robin Hood with Russell Crowe. It was a great movie, but what really caught my attention were the previews before the feature presentation.
What caught my attention was the trailer for Wall Street 2 and the return of Michael Douglas as Gordon Gekko.
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Tuesday, May 25, 2010
After the Crisis: Planning a New Financial Structure, Learning from the Bank of Dad / Stock-Markets / Market Regulation
By: John_Mauldin
This week we visit an essay from an old friend of Outside the Box, Paul McCulley, the Managing Directpr of PIMCO. This is a speech he did at the Minsky Conference sponsored (I believe) by the Levy Institute. It was also the same speech he gave at my conference mid-April that was quite well received.
Essentially Paul argues that the cause of the recent crisis was the creation of the Shadow Banking System outside the purview of regulation. And while he did not use the line in this speech, he did at my conference, which is one of the truly great lines I have heard this year.
Monday, April 12, 2010
Financial Reform Fades While The Need Escalates / Stock-Markets / Market Regulation
By: Sy_Harding
The need for reform and re-regulation of the financial industry increases, while the odds of meaningful reform fade with every action and statement by those involved.Read full article... Read full article...
Tuesday, February 02, 2010
Risk Weighted Capital Adequacy: The Elephant In The Davos Jacuzzi / Stock-Markets / Market Regulation
By: Andrew_Butter
One of the “pillars” of financial regulation is the idea of risk weighting.
The way that works is that “assets” which in the case of banks are typically either loans to other people or securities held by the bank like US Treasuries or Sub-prime RMBS (the Brits call those bonds), are assigned a risk weighting by the regulator.
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