Tulip Mania 2013 Edition
I love this credit trader’s comment I found which I cannot reproduce. After a brief run through of the day’s events where we notice PBs were the main buyers again, it went on… Continue reading
I love this credit trader’s comment I found which I cannot reproduce. After a brief run through of the day’s events where we notice PBs were the main buyers again, it went on… Continue reading
The Trend “Rich Asian individuals are snapping up luxury residential properties and even office towers in the West. But Asia’s biggest investors, including sovereign wealth funds, insurance funds and pension funds, are only… Continue reading
JP Morgan’s exit from commodities trading will probably be remembered as the beginning of the true exit from proprietary trading by big banks. Cynics are probably right for alleging that, until recently, the… Continue reading
Global Purchasing Managers Index “The global manufacturing sector made a subdued start to the third quarter. At 50.8 in July, the JPMorgan Global Manufacturing PMI ™ – a composite index* produced by JPMorgan… Continue reading
The Cyprus bail-in is confirmed at 47.5%: “…Deposits above the guaranteed limit of €100,000 will face a 47.5 per cent haircut…” http://www.ft.com/intl/cms/s/0/85eb3cea-f943-11e2-a6ef-00144feabdc0.html For those with deposits in banks, you might want to check… Continue reading
CHICAGO NEXT “According to the Chicago Sun Times citing year-end audits, Obama’s former right hand man, Rahm Emanuel, closed the books on 2012 with $33.4 million in unallocated cash on hand — down… Continue reading
US Treasuries and USD “Custody holdings are falling at the Fed and, while the impact is not so clear for the USD, it’s negative treasuries….the securities held in custody for foreign official and… Continue reading
I was having a conversation with my son about Lance Armstrong who was quoted as saying that no one can win the Tour De France without doping. Then it struck me, now that… Continue reading
Wealth creation is an amazing thing which I have been thinking about recently, after being courted to join the Nuskin network. It is entirely possible to create value in anything and everything and… Continue reading
Interest rates From the people who spend their entire day just looking at 1 product. “Keep an eye on the bid/covers of US auctions for a guide to where yields are heading. Recently… Continue reading