If I were one of these crazy hedge fund guys, with the slick haircuts and fancy shoes and racing stripe shirts, the trade I’d put on is 10-times-leveraged natural gas long versus 10-times short Apple. ~ Jeffrey Gundlach, April 26, 2012 The quote above is from the latest presentation given by DoubleLine’s Jeffrey Gundlach. For… Continue Reading
Tag Archives: Fed policy
On the Move
Continuity gives us roots; change gives us branches, letting us stretch and grow and reach new heights. ~Pauline R. Kezer My computer will be packed and we will probably be en route for stage one of the move by the time you read this. It’s unfortunate that this geographical move is coinciding with more historical… Continue Reading
Overexposed: European Debt, Systemic Risk, and Stealth Bailouts
Truth is after all a moving target Hairs to split, And pieces that don’t fit How can anybody be enlightened? Truth is after all so poorly lit. ~Neil Peart, Turn the Page The following is an excerpt of an article that was originally published on Seeking Alpha as premium content. You can read the entire… Continue Reading
Will the S&P Fall to 400?
The future is an opaque mirror. Anyone who tries to look into it sees nothing but the dim outlines of an old and worried face. ~Jim Bishop Most people would agree that it’s pure folly to try to predict the future – especially that of the financial markets. And yet we don’t want to invest… Continue Reading
What Happens After QE2?
Nothing is more desirable than to be released from an affliction, but nothing is more frightening than to be divested of a crutch. ~ James Baldwin This is an excerpt of an article that was originally published on Seeking Alpha as premium content. You can read the entire article there. There’s been no shortage of… Continue Reading
End of QE2 Marks D-Day for the Markets: Bill Gross
Because quantitative easing has affected all risk spreads, the withdrawal of nearly $1.5 trillion in annualized check writing may have dramatic consequences. ~ Bill Gross The Ides of March will soon be upon us, but it’s not the 15th of this month that has PIMCO’s Bill Gross a little concerned. He’s more worried about June… Continue Reading
Wake Up and Smell the Inflation
One bright day in the middle of night two dead boys rose to fight. Back to back they faced each other, drew their swords and shot one another. A deaf policeman heard the noise, and saved the lives of the two dead boys. If you don’t believe this lie is true, ask the blind man,… Continue Reading
PIMCO’s Battle Call to Bond Vigilantes
[T]hose who live by numbers can also perish by them and it is a terrifying thing to have an adding machine write an epitaph, either way. ~George J.W. Goodman, The Money Game This is an excerpt of an article that was originally published yesterday on Seeking Alpha as premium content. You can read the entire… Continue Reading