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I thought my broker was just guessing on rates until he showed me his live feed from the Chicago Mercantile Exchange last Tuesday.

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2 Comments
willow_king
That part about the live feed from the exchange is huge. I always figured it was just a sales pitch with made up numbers. Seeing the actual data move in real time, that's a whole different level. Makes you realize how much guesswork gets cut out. Totally changed how I see the whole process now.
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rosebennett
Yeah, the "sales pitch with made up numbers" part is dead on. I've sat through so many of those where the guy just points at a chart that looks like it was drawn with crayon. Seeing real data move is like switching from a kid's cartoon to the actual news. Suddenly you're not just being told a story, you're watching it happen. Makes all the smooth talk before seem pretty silly.
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