Monthly Archives: May 2010

M&B Fund Underweight Energy Pitch: Revisited

Then: Underweight Energy Pitch Now:

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The Importance of the Macro-Political Landscape and How David Einhorn Used It to Predict 2010

Submitted by Qasim Khan Perhaps one of the most overlooked phenomena in this world is the relationship between cause and effect. Financial markets and economics in general are often noteworthy exhibitions of a lack of recognition of this principle. In … Continue reading

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Things are getting interesting again

After gapping up a few hundred pips on news of the gajillion euro bailout, the euro is back near its lows against the dollar with pervasive selling into strength. Europe is China’s biggest export partner, and with talks of rampant … Continue reading

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An outside summation of why I’m short GS

Courtesy of Tim Backshall: This is a little complex but…GS CDS curve inverted yesterday and remains inverted today. Spreads a re lot tighter than they were the last time the curve inverted (middle of the crisis) but what this chart … Continue reading

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Weekend hilarity

Courtesy of ShadowCap Logan Schuler:

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Shades of April 4, 2000

After today’s big sell-off and subsequent reversal, I took a quick look at the Nasdaq bubble’s top in 2000 to see if I could find a similar day. Indeed, April 4 2000 showed a similarly illiquid market and trading day, … Continue reading

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Quant deleveraging/forced liquidation?

I’m hearing rumors of computer/exchange problems being blamed for intensifying today’s selling. Suggests to me the possibility of quant funds forced deleveraging, as momo unwinds + program trading = forced quant unwinds, and even further illiquidity, intensifying the positive feedback … Continue reading

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