Archive for Equity Markets

Sometimes Even Hedge Funds Get It Wrong

Seems that more than a few hedge funds were betting against the sub-prime mortgage backed securities. I guess they forgot the options available to the underwriters…

http://www.realestatejournal.com/indinvestor/20070608-kelly.html

http://www.realestatejournal.com/indinvestor/20070613-kelly.html

The Bond Market Clearly Expects A Rate Cut. But, When?

Watching the bond market is usually a fairly good predictor of which way the benchmark overnight rate wind blows. Everyone is speculating about an upcoming cut but I still don’t look for it at the next meeting, if at all this year. But, pressure is building toward a cut. Here are the historical facts - When the [...]