Keeping these 5850.00 puts as a hedge. Let´s see whether bears have more to offer...
Short DAX at 7740
- Thread starter ASusilovic
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Keeping these 5850.00 puts as a hedge. Let´s see whether bears have more to offer...
Clueless German fund managers leaving the brain work to the US. Boring action. At least there is some action in EUR / CHF...
Morgan Stanley ups Deutsche Boerse to overweight
If you speak to a typical German mutual fund manager you would be horrified as to the degree of pathetic addiction to US economic figures. Unbelievable. 15 years ago, I would understand, but today we have a massively changed situation. GDP is rising in so called "emerging markets" in double diggit % ( I don´t count BRIC countries anymore as "emerging"...).
Take a look at Germany´s export partners ( courtesy Deutsche Bank Research ) :
Table 1: Bilateral and regional German export performance -- Average volume per month in â¬bn, seasonally adjusted Source: Deutsche Bank Research
I know it is quite export driven but as you see 80% is exported into EU and other European countries.
I think it is the amouth of money from US that drives the market rather than economy.
As a fund manager you can build position and push it in your direction but here comes US with trilions of dollars and will squeeze your position where you capitulate or you risk that investors take money out (as one of bad options).
I think it is the amouth of money from US that drives the market rather than economy.
As a fund manager you can build position and push it in your direction but here comes US with trilions of dollars and will squeeze your position where you capitulate or you risk that investors take money out (as one of bad options).
Brazil is eliminated from World Cup. Ouch.
.FDAX 5806.00. Put options like it. FDAX position does not like it.
BERLINâSales of Mercedes-Benz cars rose 13% in June as strong demand for the premium brand in China and the U.S. helped drive growth, parent company Daimler AG said Monday.
Mercedes-Benz sold 113,300 cars world-wide last month, making it the best June performance in its history, Daimler said.
Mercedes-Benz sold 113,300 cars world-wide last month, making it the best June performance in its history, Daimler said.