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
- Poll: Overwhelming majority of Republicans now describe themselves as “hawks” Allahpundit 42 mins ago
- Another federal court strikes Obamacare subsidies on federal exchanges Gabriel Malor 1 hour ago
- Tuesday TEMS: Andrew Malcolm, Brian Barcaro, Joel Pollak Ed Morrissey 1 hour ago
- Name That Operation? Ed Morrissey 2 hours ago
- Report: U.S. accidentally bombed “moderate” rebels in Syria — because their base was right next to Al Qaeda’s Allahpundit 2 hours ago
- Whiplash: Politifact absolves Democrat who repeated…Politifact’s lie of the year Guy Benson 3 hours ago