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High Frequency Trading – Around the World in 0.13 Seconds
https://www.scribd.com/document/362687902/NEC-2017-10-26-High-Frequency-Trading We look at the following points: What is “High Frequency Trading” What is not “High Frequency Trading” US Market Structure Where is Wall Street? First Encounter with an Algorithm It’s a man’s machines’ world The “SIP” versus Direct Feed Race for Speed, Bandwidth and Computing Power Flash Crashes Share Buy-Backs Are Stock Prices Representative?…
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Currency Crunch – July 2017 – From Gold Standard to Petro-Dollar-Standard
Lighthouse – Currency Crunch – 2017-07
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Why Germany Should Welcome Refugees
According to a United Nations Population Projections Report (2015), German population risks falling from currently 81 million to 72 million in 2050 and 63 million in 2100. Aging population and low birth ratio will put tremendous strain on to German retirement systems. To see presentation click here: AGBC – Demographics – 2017-05
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US Macro Report – Employment Insight – May 2017
Lighthouse US Macro Report – Employment Insight – 2017-05
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Gold Bug Galore – Part 1 – Global Supply and Demand Trends for Gold
Part 1: We look at global supply and demand for physical gold by region. Lighthouse – Goldbug Galore – 2017-04
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US Macro Report – April 2017
Is the US economy heading into a recession? Most investors won’t know until it is too late. The National Bureau of Economic Research (NBER) declares beginning and end of recessions, but often with a delay of more than a year. The Economic Cycle Research Institute (ECRI) famously called a recession in September 2011 which never…
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What the hell just happened – Part 2
Part 2 (for part 1, please look here) At the beginning of part 1, I offered three theories to explain what happened on global stocks markets, culminating in the flash crash of August 24, 2015: Flash-crash induced by high-frequency traders and panic-covering of short positions in volatility products US and China mutually crashing each other’s…
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What the hell just happened? Part 1
Part 1 Most of the year, the S&P 500 Index traded sideways in a narrow range (+- 3% from end of 2014). Then, suddenly, this: The German DAX-Index had been up 26% by April, but had to give up all of its gains: A measurement of expected volatility, the VIX-Index, surged to the highest level…
