Trader: This Is A “Thankless Task,” Headlines “Don’t Wait For Normal Business Hours”

By definition, algos don't "feel," – "I" trade therefore "I" am (not) – but I'd imagine that if they did, they'd be happier than pigs in shit. Because these are, after all, headline-scanning machines and while we've been short on sanity lately, one thing we haven't been short of is headlines. The other thing about machines is that they don't need to sleep and as former FX trader Richard Breslow reminds us in his final missive of the week, "breaking headlines haven’t shown the courtesy of