Wall Street Journal: U.S. Stocks Slide & Focus on 'Fiscal Cliff'

U.S. stocks fell after President Barack Obama's re-election, as investors quickly turned their attention toward the upcoming fiscal fight in Congress.

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Forex: NinjaTrader, Tradestation, MetaTrader

Trader Jim Rogers "Ecstatic" Over Drought-Driven High Corn Prices

After MF Global, Another Brokerage Firm Bites the Dust - $200 Million Missing

Bloomberg: Quants Post Worst Month Since October

NYSE CEO: Public Lost Trust in Market

Bloomberg: JPMorgan Faces $4.2 Billion Trading Loss

Wall Street Bloodbath Due to Higher U.S. Unemployment

Financial Times: Mysteriously Falling U.S. Trading Volumes

Does anybody know what’s been driving down daily US trading volumes in recent years?

The New York Times floated a few possible explanations in a long article, and Josh Brown adds his thoughts in a good post as well.

Is it because the U.S. has been approaching (and have now begun) the boomer retirement, driving more flows into bonds and less to equities and equity ETFs

Or could it be that many Americans just don't trust the markets - with all the corruption on Wall Street, our government, ....?

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JPMorgan's Multi-Billion Dollars Loss Prompts S.E.C. Inquiry

Regulators are investigating potential civil violations surrounding the $2 billion loss that JPMorgan Chase disclosed on Thursday, raising further questions about trading activities at the U.S.’s biggest bank.

The Securities and Exchange Commission recently opened a preliminary investigation into JPMorgan’s accounting practices and public disclosures about the trades, according to people briefed on the matter, who spoke on the condition of anonymity because the case is not public. Regulators learned about the activities in April, and formally opened an investigation in recent days, the people said.

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