There are a few ways that one can look at the headline today in the NY Times.
First, you could say this is great for the futures industry. There was simply a misunderstanding of where money went and there was no harm no foul. Billions in equity value at ICE ($ICE) and CME ($CME) should immediately return to their stock prices since the industry is in great shape. Volume and confidence ought to
- Markey: Natural gas exports, grow the economy? Pish tosh! Erika Johnsen 48 minutes ago
- CNN source: Yes, the Malaysian jet sent engine data hours after it disappeared; AP source: No, it didn’t Allahpundit 1 hour ago
- Video: Ron Paul defends Crimea’s referendum on annexation by Russia Allahpundit 2 hours ago
- Video: Old man yells at cloud Allahpundit 2 hours ago
- Chris Matthews: Let’s face it, Democrats are going to lose the Senate Allahpundit 3 hours ago
- The Ed Morrissey Show: Dwayne Epstein, Marc Hyden Ed Morrissey 3 hours ago