acting-man.com / By Pater Tenebrarum / January 15, 2013
Hedge Funds Go ‘All In’
Bloomberg reports that hedge fund leverage has just reached a nine year high, wile margin debt has climbed to a four year high – as hedge funds and others try to ‘catch up’ after largely missing out on the market’s gains last year (actually, ‘the market’ hasn’t had any gains since early April of 2011 – only certain stocks with a [...]
Although he doesn’t say so explicitly, he seems to be encouraging QEIII. How does he think this will help? He wants us to have more confidence in the economy so that we will borrow and spend more while the economy is clearly shrinking and consumers have less money to spend. I think he represents the prevailing wisdom for the last 30 years or so, which [...]
June 21 (Bloomberg) — A year after criticizing U.S. fiscal policy as Ã¢â‚¬Å“irresponsible,Ã¢â‚¬Â ChinaÃ¢â‚¬â„¢s leaders are showing increasing confidence in President Barack ObamaÃ¢â‚¬â„¢s leadership of the American economy.
China boosted holdings of Treasury notes and bonds by 2.6 percent to $900.2 billion in March and April, after reducing its stake by 6.5 percent from November through February, the longest consecutive monthly declines in a decade, U.S. data released June 15 showed. [...]