funny isn't it that the DAX just reopened today after closing for trading at 1pm UK time last friday @8144 on the march FDAX when futures on the S&P were around 1505 and reopens today almost unchanged and starts running up to touch 8175 while S&P futures should open around 1475....
S&P...
Good day,
I'm looking for a Swiss broker/bank that distributes X-trader in Switzerland.
I saw that UBS is a distributor of X-trader but didn't manage to find contact details.
Any help appreciated.
Thanks
let it levitate for a few days then hit it back hard.
The delevering will not stop today but the message is clear. The Fed will do whatever it takes to keep this artificial reality together.
Until the day all credibility is lost...
Global Alpha returned more than 80% in 2003 and more than 40% in 2005. It's been annualising in the region of 25% since inception in 1996.
It is a quant RV programme inspired by Bob Litterman's models.
The Amaranth team that Goldman recruited does not work for the Global Alpha fund. It is...
well, I've been long GBP versus Euro and USD since 96 and have made a killing, enjoying both the carry and the appreciation.
The fundamentals are great. The UK has turned into a service economy. The manufacturing sector has become irrelevant.
Flows, flows and flows again.
no bubble at all, the mighty pound now reflects the offshore status that London is enjoying. Russian, Arabs all come to London. There is net buying of pounds.
No way rates will be lowered as UK's real estate is bubbling.
by the way, the Telegraph is a terrible conservative piece of trash...
how can the US go bankrupt when they can always print?
You just don't want to touch the dollar, that's hpw the adjustment will occur, not through bankruptcy
no link but think about it:
- Bush, while on his tour in Asia, mentioned that the US cannot attack Iran because they don't have enough intelligence about the targets but
- he understands why Israel could attack in order to preemptively defend itsel and
- he understands Israel has enough...
dollar is just going down because it must. Just another story to let you believe the dollar is just experiencing a dip...which you should buy.
Just short the dollar
an erection? :D
just kidding.
my 2 cents: This journal is very interesting. I am grateful to Romik, Buy1sell2 and Volente for their contributions. Can we make sure this journal is not hijacked and that we keep on:
1. being constructive
2. making good trades
Let's avoid pollution...
ugly retail sales numbers, check out the revisions.
Everything is slowing down, recession around the corner.
Markets will interpret this as no more fed hikes, bonds up, stocks up, dollar down.
you must be one of the last guys around thinking the Fed is independent. If you trade on the back of this belief and your 101 eco courses, then good for you.
by the way, your SD calculations are worthless as they rely on the raw numbers (51,000...148,000) whereas they should really on the %...
exactly, do we remember what happened on that day and what would have happened had the number been 148,000 instead of 51,000?
The 51,000 number at the time was perfect. It placated fears of Fed hikes. Now, they need numbers that show there is no recession around the corner so they fudge the...
unbelievable, 92k is crap so they fudge the unemployment rate by revising previous stats so people will focus on the 4.4%
unbelievable people still believe US stats :eek: