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John Standerfer
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John Standerfer is Executive Vice President of S3, an Austin, Texas company that processes, analyzes, and reports in real time on more than 15 billion equities and options transactions in the U.S. financial markets. As an expert observer of the financial markets he has provided opinions for some of the world's largest financial services firms as well as the US Federal Reserve, Reuters, Bloomberg, USA Today, Fox Business News and others.

Blog Entries by John Standerfer

Where the Jobs Went

Posted July 7, 2010 | 23:14:29 (EST)

"These jobs are going boys and they ain't coming back" - Bruce Springsteen

8 million jobs have been lost. Where did they go? Who should we blame? Did they go to China? Were they taken by illegal immigrants? Is it the fault of Obama? Or Pelosi? Or Bush? Or Gore?...

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How Santa Claus and the Easter Bunny colluded to crash the stock market

Posted May 12, 2010 | 23:41:24 (EST)

Another week brings another round of political theatre on capital hill. This week's topic was the stock market "crash" of last week and had all the trappings of a game of "Clue". Who crashed the market? Was it the high frequency trading firms with their cadres of supercomputers? Maybe it...

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Dodd Bill Sets Up America for Another Credit Default Crisis

Posted March 29, 2010 | 00:32:32 (EST)

As details of Senator Dodd's financial reform bill began to emerge, it became clear that the complex financial engineerings of Wall Street have migrated to Washington. The Dodd bill to prevent future collapses in the financial markets basically creates a federal version of the complex and toxic credit default swap,...

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Greed is Good - Why Punitive Taxes don't Work

Posted January 15, 2010 | 12:29:33 (EST)

As much as greed is vilified by the press and politicians, it is far too easy to underestimate its importance in any market driven economy. Greed is what drives demand and new participants into a market. How many people invested in real estate after seeing their friends or coworkers make...

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We're All Speculators

Posted December 7, 2009 | 19:01:37 (EST)

Paul Krugman of the New York Times recently joined the bandwagon of politicians, economists, and financial journalists calling for an incremental tax on every financial transaction. The initial proposals suggest a levy of .25% of the value of the transaction. The theory behind such a scheme is that by making...

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Et tu, Warren?

Posted November 30, 2009 | 23:32:09 (EST)

There is a long list of people who are accused of unfairly profiting from our national financial crisis - Hank Paulson, John Thain, anyone who has ever worked at Goldman Sachs, AIG, Fannie Mae, and Freddie Mac. But no one ever mentions Warren Buffett. The "Oracle of Omaha," however, has...

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How to Fix Wall Street before Another Collapse

Posted October 20, 2009 | 16:46:42 (EST)

Twelve months removed from the forced bailout of financial institutions by US taxpayers, Goldman Sachs is back to paying its employees an average annual salary of $700,000, and Citi continues to struggle. Pardon my ignorance, but this sounds exactly like the state of Wall Street before the financial crisis. After...

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Wall Street Is Right -- This Time

Posted August 5, 2009 | 18:14:03 (EST)

"Americans are angry at Wall Street, and rightly so," begins Paul Krugman in his most recent New York Times Op-Ed lambasting Wall Street's most recent sins.

Wall Street bashing has become the activity de rigueur of both the media and Congress. Much of which is accurate and well-deserved;...

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A Crazy New Way to Balance the Budget

Posted May 25, 2009 | 21:46:44 (EST)

The current California budget crisis, while troubling in its own right, is merely a dress rehearsal for what the entire country will be facing in the next decade. California is showing us that even governments with economies larger than Spain, Mexico or Canada and with such world class assets as...

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The Promise of Twitter

Posted April 12, 2009 | 19:53:58 (EST)

Imagine a world where you, as an everyday investor with a 401k and an ETrade account, could have direct and unfettered access to what many of the world's top traders are thinking and trading; in real time; and for free. Now take that example and extrapolate it across any industry,...

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Bernanke Goes Nuclear

Posted March 19, 2009 | 01:16:46 (EST)

While Congress spent another day playing political "Clue" -- Senator Dodd -- with the red pen -- in the backroom, Ben Bernanke reminded us once again why the Federal Reserve is currently the most powerful institution on the planet. Many of us have been led to believe that the foundation...

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Our Culture of Arrogance and Isolation

Posted March 13, 2009 | 23:34:11 (EST)

Jim Cramer, Nadya Suleman, Bernie Madoff, John Thain, Alex Rodriguez, Rush Limbaugh - these 6 names (or their peers) consume an inordinate percentage of current media coverage. Why are we as a culture obsessed with a former hedge fund manager turned financial-entertainer, a woman who had octuplets, a ponzi scheme...

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The Mythical Manufacturing Job

Posted February 12, 2009 | 10:40:39 (EST)

Much has recently been made of the decline of manufacturing as a percent of GDP in our country. Along with being a pivotal issue during the election in the traditional battlefield states of Ohio, Michigan, Pennsylvania and the rest of the rust belt, it's a rare article about the cause...

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Too Big to Succeed

Posted January 23, 2009 | 15:58:34 (EST)

The constant creation and destruction of companies, industries, and ideas is a force known as creative destruction and is a cornerstone of capitalism. Without the risk of failures like bankruptcy, where is the incentive to work harder, to develop a better product, to improve efficiency, to take chances? Bankruptcy also...

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