Markets waiting for Greece to be 'enabled' again, after all it is no different from the Fed bailing out an entire generation at the top under the guise it is best for everyone. Bernanke and Yellen some how see their efforts as courageous acts saving the economy but they are really nothing more than supports for a broken system which not surprisingly provides excessive relief to the privileged. Risk has been identified as any negative deviation from a positive equity curve. Such power given central bankers who have achieved great career success by simply showing up everyday without ever taking any risks. Risk voyeurs.
The landscape is rapidly changing for all human inhabitants. Totally connected all the time is bringing forth specialized skills and minimized opportunities. Markets have long gone from open outcry to electronic trading, except for some options markets which may confirm to many that those markets are useless. Traders now circle the action online at various speeds but there are only two speeds really; hyper speed and everything else. Trading shops 'Quanting Up' to build competitive strategy teams which end up resembling bad sports clubs marked by occasional wins but primarily mediocre performances.
CNBC is proof, because who else would watch it, that there are enough online trading participants using badly canned trading and analytics platforms who enjoy listening to folks bark like a carnies using information bias which have to be used only as a daily fade.
