macroviewpoints

Macro Viewpoints

What a Cycle!

Sixteen years ago, I considered myself a rookie trader on the floor of the Chicago Mercantile Exchange. Bright eyed and eager to learn, I followed every market I could. I actively traded the S&P 500 but, I always went in early for the currency and interest rate openings, as well. I actively and, knowingly took advantage of any of the major market players willing to have a cup of coffee with me. The economic times were significantly different than those of today. Trading volume was ushering in a major stock market bull- run, even as memories of the ’87 crash …