What sorts of errors did a young trader like myself make earlier in his career? All of the usual – i.e., expensive – ones. A short list of my mistakes looks something like this:
The House passed the first bipartisan U.S. budget in four years yesterday, clearing the way for final Senate passage next week to ease $63 billion in spending cuts and avert another government shutdown.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
CFTC Commissioner Mark P. Wetjen is poised to be voted acting chairman of the top U.S. derivatives regulator within days.