Tuesday, November 22, 2011

MF Global: The Beginning of the End of Paper Markets

by Andrew Hoffman, MilesFranklin.com:

It’s Monday morning, and I couldn’t be more ready to RANT. My job is to keep you aware of the dangers around you, which increase with each passing day. And some days on more than others, such as TODAY!

Don’t let the fact that a SUNDAY NIGHT SPECIAL wasn’t required the past few weekends, as they will be returning with a vengeance in the coming months, more likely before the end of 2011. This weekend alone saw waves of “horrible headlines” highlighting the collapse of the European Union, and now it looks like the U.S. economic implosion is about to retake center stage. Given the broad, intimidating list of such headlines, I am going to start today by going through them, before getting to my topic of the day – the long-term ramifications of the MF Global collapse.

Read More @ MilesFranklin.com

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