There have been big moves, 2.5% or more in a day recently, which at 15 times leverage makes for a reasonable day's work, recently in many markets, Bonds, Nikkei, SPU, European stock markets, Gold, Hang Seng, Oil. Yes, they are cascading because of the potential energy released by the realization that the CB's can buy assets and avoid the 1/10% returns of bills. Where do you see it heading next, and without falling into the t- (hopefully he won't take offense as he threatens so many others for posting negative things about him, as free speech is out of fashion these days), sornettian trap of focusing on only one small part of the distribution of returns), where do you think it will fall next?





Speak your mind

2 Comments so far

  1. Diego Joachin on November 25, 2014 9:47 am
  2. Ludwig Vogel on November 26, 2014 3:36 pm

    I’m also surprised by all the volatility lately.

    BTW, Vic, are you interested in a signed Atlas Shrugged? I have copy 1285, and would like to sell.

    Ludwig, (646-387-0100)


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