A thing of beauty

Another day, another move away from the mode  "risk ON-risk OFF".
All assets rallying irrespective.
A good trading day for humans, at least some humans. Plus ca change.
One wonders how the machines are doing.
One wonders about regimes changes too,
and about gamma-squared models (I know you're dying to know more...),
and about whether finally to bite the bullet and read La Recherche.
Indeed wondering is the new panicking.


49rs style break:
There is such a feeling of fin de siecle, despite the calendar year, of waltzing on the edge of abyss a la Vienna 1914. But I guess it has nothing to do with the markets, and more with recent comsumption of Mesnil Gran Cru.
End of 49ers style break


Coming soon: gossips on High Frequency, reflection on new funds launches, and maybe even a star guest posting on incompetence as financial paradigm.