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under the counter

Sexy MF

Let’s kick off this week with a salutary lesson. For a few years now it has seemed that virtually any business to list on the stock market with its feet firmly planted in the futures business would almost automatically become a Wall Street darling. One only has to look at the share price performance of CME and its frankly terrifying P/E ratios to see that analysts and investors alike have been falling over themselves to get a piece of the pie. Of course,...