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Louis Solomons
Member since May 2012
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The Ugliest Economic Data I’ve Ever Seen – Just Got Uglier! - Andy Hoffman - Miles Franklin

Andy,

You mean "ïncredible".

Cheers,

Louis

Commented 2977 days ago

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Beginning of the headline :Ah, the “short squeeze”; i.e., the epitome of what’s wrong with Wall Street-polluted, derivative-dominated “markets.” The bane of capitalism, it allows people to “borrow” what they don’t have, for the purposes of pushing prices down. Like everything else Wall Streets’ cancerous derivative machine peddles – particularly since 1999’s elimination of Glass-Steagall – shorting is often done illegally, and always on leverage. I, for one, believe the deleterious impacts shorting has on capital forma... Read More

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