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NYSE volume set for lowest since early April

Posted By Peter Boockvar On June 11, 2010 @ 4:14 pm In MacroNotes | Comments Disabled

In addition to the paralyzing impact on trading from the loose cannon talk of Hungarian government officials, German short selling experts, Chinese property bubble poppers, European spendthrifts turned sober, US Congressional financial sages reregulating the entire US financial system, oil spill disaster and drilling moratoriums, all at the same time the global economy is trying to overcome, it’s summer time! And, that is why volume today is on track for the slowest since April 6th, the Tuesday after the slowdown in trading around the 3 day weekend of Good Friday. Have a good weekend.

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