http://www.bloomberg.com/apps/news?pid=20601087&sid=azobDABpF9ZU&refer=home
May 9 (Bloomberg) -- When Jon Wood opened his Monaco-based hedge fund, the former UBS AG trader told investors he'd beat the market by buying stakes in no more than 40 companies -- the same way he made $2.4 billion...
Here's a study on the effects of crude oil spiking to $120. It was published in 2006.
http://www.ms-ds.com/downloads/westcott_report.pdf
"The more severe event envisioned in the scenario
designed by safe for the World Economic
Forum will likely cause a 25% decline in global
stock market...
WallStWizzKid you bring up an interesting point. Crude Oil is a commodity that has a limited supply, much unlike equities like IPOs in 1999/2000. The supply there was virtually unlimited as more and more garbage was brought public and soaked up by the market like a dry sponge, until it didn't...
LOL says who? Wouldn't it be great if all stocks and markets would just trade exactly where we all feel they should trade at?
Ah what a beautiful fantasy world it would be... we could all print money simply shorting whats overvalued and buying whats undervalued! Who needs technical analysis...
I think the takeaway is not that Robertson closed up Tiger and walked away with money in the bank. The takeaway is he got caught shorting an obvious bubble like a deer in the headlights and eventually got his head handed by the market. He capitulated on the exact peak of the tech market...
Julian Robertson comes to mind as they closed shop March 30, 2000 after being squeezed to death by short growth tech and long value bets: http://query.nytimes.com/gst/fullpage.html?res=9C0DE3D7123CF932A05750C0A9669C8B63
March 30... such irony.
Hoenig didn't say he disagreed with previous cuts. I think the takeaway is they plan to hike swiftly on signs that economic softness gives way to stabilization.
If they follow through on this then it would represent a key (positive) difference to the last rate cut cycle where rates stayed low for too long, even as the economy was clearly recovering.
The interesting part here (for me) is not simply the fact they're trying to raise capital but the ease of getting investors to pour billions upon billions into these financials. It seems many banks and brokers have investors lined up just waiting with billions of dollars to give away. Nuts.
S2007S, fact is you come on the board every day with BRAND NEW 'SHORT OIL' TRADES and magically they all end up hugely profitable while crude marches higher. It almost seems you make more money the higher crude goes! I am sorry, I wonder if you're just playing us here.
I love how you...