Caption Contest: The Market's Most Secret Weapon
November 28, 2012 - 1:54pm
On November 16, and again today, one person boldly went where so many have gone before, and made sure that Nancy Pelosi's alleged SPY calls don't expire worthless, and by uttering a few words widely misinterpreted by the headline scanning, market-making algos both then, and today, preserved all confidence in the centrally-planned monetary policy farce formerly known as "the market." Who is this unmasked crusader against the evils of efficient markets, and for the unquestioned glory of authoritarian Economist PhD's in charge of the Fed's trading desk? This man: h/t Niall
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