Soros getting out of the game
Apparently, there was a reason that Soros was 75% in cash. He is getting out of the hedge fund business altogether, liquidating assets and returning the funds to investors.
Author
7783 posts 575 comments
Links 07/26/2011
Obama's Weekly Job Approval Ties Term Low of 43% tags: Barack Obama polls Chart of the Day: The Housing…
Chart of the Day: US – European Gap in Employment Ratio Virtually Gone
The employment-to-population ratio had been much higher in the US than Europe. This gap narrowed dramatically in the last decade and had almost disappeared by the end of 2009. Draw your conclusions about what this says about the different…
Debt Stalemate Looks Even Worse from Inside
My take: The issue is real and if the debt ceiling is not increased, the US will slip into a double dip recession in which unemployment will rise higher and stocks will sink lower than in 2009. Voters now see this as a predominately…
Debt ceiling: “it doesn’t look like markets are tanking just yet”
No, but stocks and bonds are down. Global equity markets are down and safe havens like gold and the Swiss Franc are up. Stan Collender thinks the likelihood of a deal is less than many believe.
Even before a budget cuts, US households looking vulnerable
The debt ceiling debate has stalled and the possibility of default is no longer an outlier. Even so, budget cuts from a deficit deal would weaken consumer demand in the US, already slowed by unemployment. My expectation is that by next…
Links 07/25/2011
The Aleph Blog » Many Different Ways to Default tags: inflation monetary policy sovereign debt crisis default…
Links 07/24/2011
Barron’s: Yes, It’s a Bubble
tags: bubble web2.0 ipo technology internet
News N Economics: The latest Eurozone response: one step closer to the crisis point
tags: sovereign-debt-crisis Europe Greece…
Felix Zulauf on the inevitability of further crisis in Europe
Felix Zulauf spoke to Barron’s Alan Abelson about his thoughts on the European sovereign debt crisis now that Greece has received its second 100 billion euro bailout. Here I discuss what Abelson says about the conversation and why I think…
Links 07/23/2011
El Banco de España nacionaliza la CAM y despide a los gestores · ELPAÍS.com tags: Spain banks nationalization…