[credit provider=”stuttermonkey via Flickr” url=”http://www.flickr.com/photos/stuttermonkey/6538088/sizes/m/”] Most of Europe extended bans on short-selling today in hopes of settling markets.As European markets dived today, however, it was clear that people weren’t impressed.
[credit provider=”Wikimedia Commons”] As the market freaks out over Europe’s banks, Europe’s financial regulators have enacted a short-selling ban on bank stocks. The AMF, the French stock market regulator, just announced it would extend the ban, which applies to financial firms, which are: the April Group, Axa, BNP Paribas, CIC, CNP […]
The NYT featured an extraordinary comment by a Merrill Lynch strategist in an article on how the wealthy are often able to make money in a period of market volatility:
[credit provider=”flickr/Ahmad Nawawi” url=”http://www.flickr.com/photos/ahmadnawawi/3808452611/”] There is something wrong with a system when every shareholder of a company is satisfied with holding those shares yet the stock price can still radically decline because non-shareholder traders decide they want to sell a bunch of shares they don’t own.And where did the non-shareholders […]