Breakfast Links

Posted by Jeff Carter
on June 12th, 2012

Chicago, Second City, but now second rate city.

How big companies can support small businesses.

Congrats to Jeff Carter and the LA Kings.

There is no such thing as cardio training.

What traders testosterone tells us about markets.

Visas for entrepreneurs, not in the US.

The recession has eroded 40% of America’s wealth. And Obama’s plans haven’t repaired any of it.

Obama will try to shade the truth when it comes to his record. Here’s the real scorecard. Remember, he had two years of unfettered control before 2010 and the Republicans took back the House. For what it’s worth, President Bush was no spendthrift either.

Intellectual laziness on the Supreme Court. Let’s hope they aren’t lazy and strike down Obamacare.

I guess we still have to bail out Spain. At what point do we just let the whole house of cards tumble and rebuild?

Barry Ritholtz pointed out on Twitter this morning that $CL_F dipped below $83/bbl. That’s not bullish for stocks ($ES_F) folks. Which way are your hands facing?

Grain trade is watching the market today. Longer hours for CBOT’s open outcry pits, along with CME’s longer Globex session, and ICE’s new grain market. Personally, if it was an open outcry only market there probably wouldn’t be a problem with having markets open when farm reports were released. The market would move in an orderly fashion and positions could change hands. Electronic markets don’t work that way. They trade from a price to a price in volatile markets. They don’t trade through a range. Only parties that can egress and enter the market are HFT traders.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.