Santa Claus and Easter Bunny Crash Stock Market
How Santa Claus and the Easter Bunny colluded to crash the stock market
Another week brings another round of political theatre on capital hill. This week’s topic was the stock market “crash” of last week and had all the trappings of a game of “Clue”. Who crashed the market? Was it the high frequency trading firms with their cadres of supercomputers? Maybe it was secretive dark pools with their “hidden” quotes? Or it could have been an individual trader who in between browsing the latest Ferraris online accidentally substituted “millions” with “billions”. And if none of those turn out to be true, there is always Santa Claus and the Easter Bunny as they have yet to be called for Congressional testimony.