Bruce Krasting

Closing in on One Twenty

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  Three major FX pairs are closing in on rates where the big figures start with 120. The ones that have my interest are: USDJPY = 119.40 EURCHF  =1.2030 EURUSD = 1.2335   USDJPY looks like it wants to cross 120 in a matter of hours. The question is what happens when it does. My […]

A Ramble on Puerto Rico

To me, the big, big, big Macro economic factor is population growth (or the lack of it). Coupled with population growth is the rate of aging within the population. I don’t care what the Fed and all the other CB’s do to push back on the deflationary consequences of demographics. Those forces of will trump the CB’s efforts, it’s just a matter of when.

On Lewis and HFT

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I’m amazed at what’s happened since the Mike Lewis/60 Minutes interview. It’s like the book has unearthed some heretofore unknown information. As a result of these ‘revelations’ the Press has gone mad (it’s a global story), and the FBI, SEC and DoJ have announced they are looking into the evils of HFT.