RSSCategory: Hedge Funds

Unrestrained Stimulus and Draconian Austerity: Two Sides of the Same Coin

| 18.05.2012

 
The Elite Financial Players Are Manipulating the Game So that They Get the Stimulus … and the Little Guy Gets the Austerity
Liberal economists and financial wonks say that we need to learn the lesson from the 1930s and stimulate more to unnece…

Continue Reading

Facebook Plunges From Opening Print, At IPO Price… For Now

| 18.05.2012

$38.00 Syndicate bid holding…high was $45.00 – 200mm shares traded

FB getting very flashy crashy here…

Continue Reading

I Just Got Back From the EU… and It’s Worse Than You Imagined

 
I just got off the plane from Europe. I went there because I wanted to see the effects of the French election as well as get an "on the ground" perspective of what's really happening in Europe.
 
I can tell you, the situation …

Continue Reading

Forbidden Terms: For Immediate Release

Now that, thank God, the Facebook IPO is behind us, effective immediately, new Federal regulations expressly ban the following terms within the fifty United States and its territories:
+ Any ostensibly clever use of the word “Like” (e.g. “Investors ‘L…

Continue Reading

Fadebook Opens For Trading At $42.05 As Europe Closes

| 18.05.2012

From the $38 IPO price, we open at $42.05 (now at $40.1) but we note that in Germany it has tumbled from well over EUR90 earlier. We get the sense the media is disappointed, but of course they will be talking longer-term now and defending a weaker-than…

Continue Reading

26 Minutes In And… Still Nothing

| 18.05.2012

Yes, we are all waiting for what is increasingly becoming an epic disaster. In the meantime there is this:

TRADERS FOR FACEBOOK HAVING PROBLEMS CHANGING/CANCELING ORDERS:WSJ…

We believe CANCELING is the operative word. Of course, Europe is about to…

Continue Reading

MS/Citi/JPM All Red YTD

| 18.05.2012

Presented with little comment as JPMorgan, Citi, and Morgan Stanley (and JEF) are now down year-to-date (after being up 35-40% just a few weeks ago) and catching up to the credit reality that we have been so vociferous about…

 
and finally – XL…

Continue Reading

Will The European Union Destroy Itself Just To Save The Euro?

| 18.05.2012

David McWilliams (of Punk Economics) begins his latest excellent discussion by conjuring Clint Eastwood and noting that when it comes to the Fiscal Compact in Europe “they are pissing down our backs and telling us that it is raining”. The Fiscal Compac…

Continue Reading

SkyNet Rising: Dutch, Belgian Futures And Options Markets Suspended

| 18.05.2012

Help us Sarah Connor, you’re our only hope.

Source: NYSE Liffe

Continue Reading

Why Stability Stalwart Singapore Should Be Seriously Scared If The Feta Is Truly Accompli

| 18.05.2012

We have discussed the probability (around 50%) and possibility of a Greek exit from the Euro ad nauseum; how the post-election anti-austerity rage is bringing the world to a new realization that this is probable not possible and the widespread risk ave…

Continue Reading