Bloomberg terminals: whether you love them, hate them or worry that they’re spying on you, they make the modern-day financial world go round for its 325,000 subscribers, who pay more than $20,000 a year for the massive real-time outpouring of market data.
So when most of Bloomberg’s global terminal network went down for two and a half hours on the morning of April 17 due to an “internal network issue,” traders around the world — particularly in London, where trading had just gotten underway — were roiled, and the British government postponed a 3 billion-pound bond issue.
Meanwhile, Janus’ Bill Gross pondered a really, really big short; Josh Brown talked negative European interest rates; and a Wall Street Journal reporter mocked The New York Times’ vintage reporting on a revolutionary “new” food product.
On General Economic Topics
Gross: German 10yr Bunds = The short of a lifetime. Better than the pound in 1993. Only question is Timing / ECB QE
— Janus Capital (@JanusCapital) April 21, 2015
— Matt Levine (@matt_levine) April 13, 2015
— Downtown Josh Brown (@ReformedBroker) April 14, 2015
RT @Dutch_Book Was looking for a filing and stumbled upon the 10-K for “iHookup Social In. formerly Titan Iron Ore Corp.” talk about a pivot
— George Pearkes (@georgepearkes) April 20, 2015