NEWS
The Market's Fine Print
John Harrington DTN Livestock Analyst
Mon Apr 14, 2014 11:20 AM CDT

The market-timing skills of J.P. Morgan, the economic colossus of the late 19th century whose powerful swagger ranged from personally restocking the U.S. Treasury with gold (thereby calming the Panic of 1893) to founding the world's first billion-dollar company (U.S. Steel), were nothing short of legendary.

Like a certain latter day troubadour of high finance, Morgan knew when to hold them, when to fold them, when to walk away, and when to run. King Midas himself could have taken lessons.

Once found safe on the sidelines of a ruinous stock market crash, reporters asked how he had known it was ...

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