Genesungshysterie

By |2018-04-09T17:35:55-04:00April 9th, 2018|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Early in the morning on October 7, 2016, during Asian trading the British pound experienced a flash crash. Driven down 6.1% in a matter of two minutes, it left the rest of the markets stunned. The usual whispers of a “fat finger” abounded, as did the recognition of how unabated computer traded sell orders were quickly offered and executed. Just [...]