Satan Is a High-Frequency Trader

Satan is now firmly in control of the markets. No, we’re not talking about Ben Bernanke, aka Edward Quince.  His time has passed.  We’re talking about a high-frequency trader who…

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Less than “Less than Zero”

In June, the ECB lowered the interest rate on bank deposits, including reserve holdings in excess of the minimum reserve requirements, from zero to -0.10%.  This week, surprising just about…

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