Dynamic Hedge blogs about correlation, relative value and quantitative analysis at http://www.dynamichedge.com
Remember the last time Congress played politics in the face of great financial danger? The current debt ceiling situation is much more known and therefore less inherently dangerous. Still, this was just a few short years ago. We learn nothing.
“It is reflective of a fundamental lack of understanding of Congress about financial markets.”
– Ali Velshi, September 29, 2008
Bailout plan rejected – supporters scramble (CNN Money) September 29, 2008