More Hot Links for Weekend Reading… JPMorgan‘s head of algorithmic trading calls high frequency program trading a form of parasitic market making…omg. (ZeroHedge) Everything you ever wanted to know about Sheila Bair but forgot you cared enough to ask. (The New Yorker) David Merkel on his current asset allocation strategy and some thoughts on where…
The New Yorker
If the World Runs in Real-Time, Why Can't the Fed?
Look, we’ve had only one soft landing since the Second World War. Basically, we’ve got it wrong every single time. Vivek Ranadivé, Founder of TIBCO Malcolm Gladwell, the author of The Tipping Point, turns in yet another juicy discourse, this time on the fact that David beats Goliath more often than you’d think, in warfare,…