Tuesday, 3 November 2009

Poker, casinos and US capital markets

Sometimes while watching markets - especially equities and foreign exchange - during the North American session one has to wonder at what a poker game is being presented.

To call these markets casinos is a misnomer - there is more bluff and skill than the spinning of a roulette wheel. Until some other time zone develops such a battle of wits, the US capital markets will retain their dominance.

No comments:

Post a Comment