Sunday , May 19 2024

9.5%

Summary:
Why is the ratio for the system always about 9.5% and for the 4 more conservative money centers about 9.0%?Evolved from the apes by random chance maybe?  Somebody flipped a coin?  Rolled dice?

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Why is the ratio for the system always about 9.5% and for the 4 more conservative money centers about 9.0%?

Evolved from the apes by random chance maybe?  Somebody flipped a coin?  Rolled dice?


9.5%

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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