humor
Jameson Irish Whiskey
Interesting alcohol advertisement on the crisis theme
Banning shorts.
Again, let's go replica ban shorts .
Apparently they pressed someone from “investors” in earnest. Nothing good will come of an idea. – have already passed. Will cause churn of small participants, long recoilless movements in one, then the other way. What should really be done, this is to severely limit the shoulders and increase the requirements for GO. 4-5 leverage on futures contracts is more than enough.
Nadia has a drawdown in the investment part of the portfolio – it was clear from the very beginning, what “fundamentalist”, almost certainly, merge “techie” – term is very short, plus coincided with the fall in the markets. But in general, the topic has gone recently, that a successful investor, an even rarer phenomenon, than a lucky speculator.
Crazy ride
Looked at the new movie Riding Crazy this weekend.
Kabzdos full.
The result is a mixture of films by Robert Rodriguez and Japanese trash.
A bunch of guts and severed limbs in 3D. Strange humor and incomprehensible image of Nicolas Cage.
Half of our company just got up and went for a walk while watching..
I watched to the end.
Especially killed how at the end Cage drank beer from the skull of the main villain.
Py.Sy. pleased only the performer of the main role – cool girl :)
This begs the question – Where is American cinema going??
Why go to the cinema at all.
Panic.
“Hello, bought shares of Sberbank at 106 rubles, а теперь они стоят 85. What should I do?”
Probably, this question will soon become very popular on one TV channel.
The Global Competitiveness Report
This is something. There is such a section on Macroeconomic stability. It consists of a budget balance, savings rates, Inflation, % rates and public debt. Tricky question: which country is the most competitive in the indicator “inflation”? Of course, Japan. Yes, nuances of methodology, etc.. But still, such a formal approach is obtained, that the meaning is lost beyond recognition. Macroeconomic stability, Well well.
a few words about QE
unexpectedly it turned out, what “ouch, but the volume of QE may not be as large as we all want”. about, God, the market falls for 1% on fears of low QE volume… all in all, or is it not a surprise for the market. or the market blindly believes in 2 trillion. you decide.
look at the price components of all kinds of PMI and smile. it's one thing when the breakdown grows and new issues of tips with negative profitability come out. another thing, when prices equalize in reality. then we look at the operational indicators and see how the slowdown took care of. the fed did his job, Fed can rest. joke. the economy was not planning to go into double dip by now, which I didn’t do. indignant summer alarms, au-u…
look at the Chicago PMI and keep in mind that, that he has more than 90% correlation with subsequent ISM (so they say). ouch, was the market pledged to restore growth?. I'm not talking about crazy guys who sold sipi at 1k and bought off at 1.2k. here they are 3/4 rally. they have always been there. not growth – this is QE fallback. and QE – this is your insurance in case, if the macro doesn't line up. (will align, ie. will begin to level out. so more precisely).
and about the sad. judging by the components of US GDP, probability of quarterly <0 in one of the next two quarters remains. no need to dramatize like Rosenberg, but there are chances. I think, which is more likely in the first quarter, than in the fourth, although this is not typical. commercials with a probability of 25% (Sort of, if you guessed right – then “I told you”, if not, then “I didn't insist”).
great about pension funds
The difficult part of this equation is that most of these funds still expect a 6-8% return on their portfolio. Not sure where that is going to come from out of the magic alpha ether.
Inflation or Deflation
it was getting dark and Google trends were saying, that the battle on the Internet never stops…