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Goat commented Aug 19, 2011Jolly, what is the exact benefit of having the government regulate these private companies? They don't even interact with the public, so there is no safety or economic concerns. You seem to be saying that having a standard is in itself a benefit. If ...
Moody's Analyst Breaks Silence: Says Ratings Agency Rotten To Core With Conflicts, Corruption,...
- Goat commented Aug 19, 2011
I don't understand why anyone sees these rating agencies as different from any other corporation. They are not the "official word", they are just another company with an opinion. I heard a politician on CNN talking about how "we need to get our ...
Moody's Analyst Breaks Silence: Says Ratings Agency Rotten To Core With Conflicts, Corruption,...
- Goat commented Aug 18, 2011
If this move was due to to Nikkei opening lower, why did the spike happen at 11 minutes past the hour?
USD/JPY higher
- Goat replied Aug 9, 2011
Kevguy schools you on money flows, and this is your response? Did you even try to understand how it work? I hope your rookie year turns out to be a good one, Mr. Breakout.
someone PLEASE explain this market to me
- Goat replied Aug 8, 2011
No, that's why hedgefund managers are billionaires.
someone PLEASE explain this market to me
- Goat replied Aug 8, 2011
This is what most people think in their first few years of trading. It's easy to understand drawing lines on a chart... but understanding the complexities of money flows and how they react to economic changes takes years of experience.
someone PLEASE explain this market to me
- Goat commented Aug 7, 2011
Smikester, ES is the ticker for S&P 500 index futures.
Dollar Tumbling To Record Low Against Swiss Franc, New Lows Against Yen
- Goat commented Aug 6, 2011
Neither is credible. Two fools arguing on the internet. Not long ago Geithner said there is "no chance" US debt will be downgraded by rating agencies. Not only was he wrong, but how can he even make such a statement when the rating agencies are ...
Just the Facts: S&P's $2 Trillion Mistake
- Goat commented Aug 6, 2011
Now Geithner is openly bickering with a private rating agency, via the internet no less. This is getting too weird.
Just the Facts: S&P's $2 Trillion Mistake
- Goat commented Aug 4, 2011
What?! Negative interest rates? This is insanity.
Bank of New York Mellon charges depositors
- Goat commented Jul 20, 2011
Good suggestions made, hope the politicos are smart enough to listen. Hard to believe ECB keeps raising rates.
European economists warn survival of the euro is at stake - letter in full
- Goat commented Jul 20, 2011
I won't be posting for a while guys. Got myself into a bit of a legal jam.
Prostitution ring for Wall Street clients busted
- Goat commented Jul 19, 2011
“It’s kind of an arms race, and when we execute our trades, we try to do them with as little a footprint as possible,” Clark says. “If you’re going to compare that to a little guy doing it on his own, we have 30 years of experience and 24 years of ...
Do you have the heart for foreign exchange trading?
- Goat commented Jul 15, 2011
Well said Jolly. If I may add, these rating agencies are overrated themselves. Where were they for Bear and Lehman? They are supposed to be proactive, no reactive.
Chance of US Downgrade Even With Ceiling Agreement: S&P
- Goat replied Jul 9, 2011
Yes this is the "economic purpose" of traders. This is why our governments let us gamble. Don't underestimate the importance of providing liquidity. If Toyota wants to hedge some cars they will be selling in the US, they would be in big trouble if ...
How does trading benefit the economy?
- Goat commented Jul 8, 2011
The bank bailout (loan) was paid back with interest. America made money on it. The rest I can't vouch for.
Surprise! The big bad bailout is paying off