by Rafael Rosa on January 7, 2010
The last two weeks has been about looking forward to one data point: U.S. Non-Farm payrolls. From 24/7 CNBC to major financial newspapers and the financial blogosphere, everyone has only been talking about the jobs data. And if they are not talking about it directly, they’ll finish their statement with something along the lines of: [...]
by admin on January 5, 2010
The Zeros decade in a three minute video: The Money Maker Mattress
Fitch Slashes Iceland Ratings After President Vetoes Payback (WSJ): Huh, one of theĀ “known unknowns” is appearing already?
PIMCO Sees UK Rating Downgrade Probability At 80%, Gilts Higher By 100 Bps (Zero Hedge): The UK does not have the luxury of have the U.S. dollar [...]
by admin on July 27, 2009
Did the housing market and the overall economy really tip to the positive side? The stock market, often seen as a leading indicator, suggests we have.
In general, the current phase we’re going through reminds me of Malcolm Gladwell’s book The Tipping Point. Tipping points can be described as “the levels at which the momentum for [...]
by admin on July 21, 2009
The green shoots keep splashing. Markets rallied around 9% last week after better-than-expected earnings from companies such as Intel, IBM, and Goldman Sachs. Additional positive housing and manufacturing data also helped fuel the rally. And today, Monday (July 20, 2009), the U.S. markets went up another 1%+ on the news that CIT Group was bailed [...]
Some people believe hedge funds are near dead and ready to leave the face of the Earth. If you listen to the media, it seems like hedge funds failed in every way possible.
It is true that being a hedge fund manager was not a walk in the park during 2008, but it was better than [...]