The asset holder views a good economy as one where she has the ability to bring good collateral to a prime broker, borrow at a prime rate, and spend the borrowed money on stuff while keeping hope alive that the value of the collateral she brings to the bank or the exchange survives a margin … Continue reading Is it time to stop listening to government messaging on the economy?
Just finished watching an insightful interview between Todd Sachs and Danielle DiMartino Booth via YouTube. Ms. DiMartino Booth is a renowned market analyst and commenter who brings an insider’s perspective to activity in the financial markets and the effectiveness of monetary policy. Ms. DiMartino Booth expressed concern about how home purchases used to be about … Continue reading Should we look at a mortgage like a forward contract?
Today, at 7:06 am EST, the EUR/USD was trading at 1.1094. This reflected a price decrease from the 1.1143 price from yesterday. My take on the euro is that there appears to be less demand for it, not only based on its price but on a consumer expectations survey from the European Central Bank last … Continue reading Israel v Iran: The foreign exchange market is telling me to cool it.
Miami, FL – SEPT 30, 2024 – Top Tier Trader, a leading name in the proprietary trading industry, is excited to announce that Jamal Hollingsworth, the company’s visionary founder, is returning to the role of CEO after a brief tenure as President. Hollingsworth’s return comes at a pivotal moment for the firm, solidifying TopTier Trader’s … Continue reading Jamal Hollingsworth Returns as CEO of Top Tier Trader, Poised to Lead the Company into an Exciting New Era
The classic difference between investing and trading is as follows. According to Investopedia, investors seek larger returns over an extended period of time through buying and holding. Traders, on the other hand, take advantage of both falling and rising markets to exit and enter positions over a shorter period of time taking smaller or more … Continue reading My trade thesis. Flip a dollar
Lawyers Write the Bets. Bankers Sell the Bets. 