Some called it the Flash Freeze. Some called it a tech glitch. But Jane Wells of CNBC had a few suggestions of her own on how history should remember the system failure that flatlined the Nasdaq for hours on Aug. 22.
Meanwhile, Eurasia Group President Ian Bremmer has a warning about Syria; Stanford economics professor John Taylor remarks on the changing, if still skewed, gender ratio at the Federal Reserve's Jackson Hole conference; and one unlucky (fake) broker is stained with a sordid, decades-old incident thanks to BrokerCheck.
On General Economic Topics:
"You may not be interested in war, but war is interested in you" - Trotsky #Syria— ian bremmer (@ianbremmer) August 26, 2013
Broker Wants to Expunge From BrokerCheck His 1989 Charge for "Unlawful Congress with an Office Appliance" … http://t.co/jwrWKHMjpW— FinanciallyRegulated (@BeingRegulated) August 18, 2013
Admit it: some part of you suspects that Icahn is invested in a company called "Nuance" just to troll us.— John Carney (@carney) August 30, 2013
I've concluded the worst plague in markets isn't corrupt banks, blind policymakers or dangerous derivatives. It's 2-second attention spans.— Jim Rickards (@JamesGRickards) August 8, 2013
Let's be clear: When your stock jumps up 8% on news your CEO is retiring its time to start seriously re-evaluating. Everything. #MSFT— Ash Bennington (@AshBennington) August 26, 2013
"A Strategist is someone who is wrong about the future. An economist is someone who is wrong about the past.” http://t.co/g6To8OV38F— Barry Ritholtz (@ritholtz) August 6, 2013
On the Nasdaq Shutdown:
Have they tried turning it off and on again? #nasdaq— Katie Martin (@katie_martin_FX) August 22, 2013
We had Flash Crash. What should we call today? Think @ReformedBroker suggested Flash Freeze. Maybe Freeze Dried? NasNuts? Brokeback Market?— janewells (@janewells) August 22, 2013
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