Financial Stability News

News about financial stability and central banking

BBC trader became an instant YouTube hit

With more that 1 million hits in one day, the BBC trader became an instant hit yesterday. However, it appears that the guy is more of an attention grabber than a real trader. He is trading on his own, so not entirely a hoax. But as an independent trader, he can speak freely. And his views could well be representative of many traders.

Zero Hedge carries a story today with quotes from the head of trading at Uni Credit (so he should be representative) that in effect goes further than Rastani, i.e. the euro is dead and Apocalypse is just around the corner. READ!

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