Thursday, April 25, 2013

If Regulators Wanted To Do Anything To Level the Playing Field...


... they would first get rid of the press embargoes that enable journalists to get an insider preview on NFPs, Unemployment Claims, GDP, Fed Beige Book, etc...


I used to work for a PR firm and we used to send out press releases with 'Hold for Release Until (A Certain Date).'  


I would bet my subsistence farm that journalists are trading on this information...



P.S. And The Regulators are probably doing the same!



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