Category: Hedge Funds
Paleokostas/Kodos 2012
Somehow out of the blue, the strangely morbid yet delightfully Hollywood-esque story of Greek modern day Robin Hood Vassilis Paleokostas re-emerged today. Which, considering the latest developments out of Greece is probably oddly appropriate: if there …
In Eerie Replay Of 2011, Gold Spikes Abruptly To Over $1770, Silver Follows
Day after day, the long overdue correction of gold to fair value which as we have discussed previously, is now at about $2000 based on the recent multi-trillion Central Bank balance sheet expansion, keeps getting delayed, providing cheap entry points t…
Treasury Prices $35 Billion In Forgettable 5 Year Auction
Little to note about today’s unremarkable bond auction of $35 billion in 5 Year bonds. Hot on the heels of yesterday’s just as unremarkable 2 year bond auction, which saw total US debt/GDP surpass 101% two weeks after total debt/GDP rose over 100…
Guest Post: When Risk Is Disconnected From Consequence, The System Itself Is At Risk
Submitted by Charles Hugh Smith from Of Two Minds
When Risk Is Disconnected From Consequence, the System Itself Is at Risk
If we understand risk cannot be eliminated, it can only be transferred, then we will understand why the current financial tricker…
Scandal: Greece To Receive "Negative" Cash From "Second Bailout" As It Funds Insolvent European Banks
Earlier today, we learned the first stunner of the Greek “bailout package”, which courtesy of some convoluted transmission mechanisms would result in some, potentially quite many, Greek workers actually paying to retain their jobs: i.e., negative salar…
Composite Sentiment Indicator
Figure 1 shows a weekly chart of the SP500 with the composite sentiment indicator. This indicator is constructed from 10 different variables that assess investor sentiment and behavior. It utilizes opinion data (i.e., Investors Intelligence) as well …
Europe’s Nash Equilibrium – A Tightly Stretched Rubber Band?
In the ongoing ‘game of chicken’ in Europe (playing out between the core and the periphery as the main two players) it appears we are once again at a point of inflection in the Nash Equilibrium that exists only in the minds of the Eurogroup leaders. Th…
Guest Post: Dangerous Ideas
Submitted by Chris Martenson
Dangerous Ideas
We are at a key turning moment in history. The actions that we will soon decide to take will be determined by the beliefs we hold. At a time like this, holding the wrong set of beliefs can destroy your …
Complete Latest Hedge Fund Holdings Analysis
The fine folks at Street of Walls have been kind enough to provide us with their latest 13F breakdown which looks at the position changes across America’s 30 largest and most important hedge funds. While we have already focused on some of the more ente…
