Very informative post as usual. I noticed your short on scco. I was still actually debating going long on that. I read on Bloomberg some guy says the market is starting to discount Euro probs for 2011 and therefor sees the USA as the dominant question mark of 2011.
He may be accurate, but I don’t see how the ECB can be arranging these emergency funds and plowing newly printed money without it effecting inflation and maybe causing the European CDS market to go wacko again. He said it as if it was the general market sentiment. If what he said is true it is fresh news to me. I just read David Rosenberg saying yesterday he still thought European contagion is like a top 5 problem.
I forgot to say Happy Birthday. HAPPY BIRTHDAY NAUFAL!!!!! Hope the next year is prosperous for you academically and monetarily!!!!
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