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Former Bridgewater-ite (which we hear is not doing that hot lately) Rick Bookstaber, who was recently appointed at the SEC in some risk management capacity, comes out with a truly amusing rant on why gold is in...
There are at least 6 theories about why the stock market has rallied some 70% off its lows a year ago, even though nothing has been done to actually address the root causes of the financial crisis.What The Dumb...
Submitted by the man himself in all its epilepsy-inducing grammatic glory. As always read this in parallel with Seth Klarman's lessons. In my last cmmt I said the rebound from the initial S+P sell-off (from 115...
GERMANY MERKEL: CANNOT BAN CDS MARKET OUTRIGHT
GERMANY MERKEL: MIGHT NEED CDS MKT CURBS TO LIMIT SPECULATIONGERMANY MERKEL: NEED TO CHANGE EU TREATIES TO HELP MEMBERSGERMANY MERKEL: MUST MULL HOW EMU, EU CAN LE...
I’m hearing from my buddies in Japan that while things are already quite bad in that enchanting country, they are about to get a whole lot worse, and that it is time to start scaling into a major short in the...
The February non-farm payroll showed a further loss of 36,000 jobs, versus an expected loss of 75,000, and the unemployment rate remained unchanged at 9.7%. December was revised up by 41,000 and January was rev...
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Recent Comments
Liviu: I’m ignoring EURUSD as much as I can nowadays (while in range). My eyes are on the AUDJPY, USDCAD,...
Adam: Yes, exactly that. ‘waiting state’. We’ll wait for that catalyst. In the mean time we can...
Liviu: it is in a ‘waiting state’ and some catalyst is needed to favor a ‘real’ break to the...
Adam: I think that EURUSD will bounce even more before penetrating some of resistance or support lines. Maybe around...