Dear Fed, you suck
If you are looking for some pure economic related comedy gold I don’t think it comes any better than Long or Short Capital’s response to the 50 basis points rate cut from the Federal Reserve last week.
The article is such a good rant here it is in full:
The Llama of Lame
by Johnny Debacle
To: The [...]
Fundamentals and trends
This is the third in a series of posts answering questions asked by Kris, a reader of this blog. [Part 1, Part 2]
Thanks for your reply. I’m a little confused about guaging the fundamentals - what is the time frame for the fundamental outlook? Is it the long term fundamentals (like 5-10 years) [...]
Presidential impact
Even though I’m unable to cast a vote in an American election due to the fact that I’m not an American citizen, I’m still fascinated by the whole American political scene.
I don’t think I’ve ever mentioned politics on this blog before; primarily because there is little day-to-day correlation between what goes on in the corridors [...]
Trading at a snail’s pace
There’s an interesting article in this week’s Economist on what could be humanity’s earliest form of currency.
Researchers have found very old snail shells in various parts of Africa that seem to have been fashioned into beads. Very old, as in 82,000 years ago. The similarity in the beads in the disparate locations across [...]
February 2007 Review
February was a pretty good month for the euro against the US dollar. The euro finally broke out of the 1.29-1.305 trading range and climbed back up to 1.3250 by the end of the month.
I rounded the month out with the closure of my long standing open trade from early January. After being [...]
