HEDGED.BIZ

A look at economics, markets, finance and the irrational human being

Bullish Europe Risk Assets

  We began to be bullish US equities 14 Oct 2011. On 13 Jan 2012, we called a buy on Europe across all risk assets on the back of the ECB’s unprecedented 3 year repo facility. This was a bit early and required the investor to sit through quite a lot of volatility. Some would
Read more
No Comments

Fear Not QE Tapering

Do not fear QE tapering. Its a good thing. 1. Its a sign of strength, that the economy is able to tolerate tighter monetary conditions. 2. US treasury issuance is falling as a result of improving economic growth and thus tax receipts. If the Fed maintains its purchases as a proportion of issuance, it would
Read more
No Comments

Confusing and Conflicting Signals. Contamination by QE.

Its all rather confusing. But not any more so than usual. Things are always confusing in the present and clear in the past. What is confusing today, are the number and strength of the conflicting signals. We therefore consider, in broad summary, the bull and bear cases for general conditions. 
Read more
No Comments

An Alternative Investment Methodology

Is Caterpillar a US company or a Latin American one, or a European one, or an Asian one? Is Santander Spanish, British, or Latin American? Is Alstom French, or Nestle Swiss, or HSBC British, or Chinese? Are any of the large listed Swiss companies Swiss? When we say equities are cheap and bonds expensive, to
Read more
No Comments

Current Thoughts About Hedge Fund Investing

Concepts like volatility and correlation can be hard to visualize or grasp intuitively. I sometimes like to think simplistically about complicated matters. The insights gained are often far from simplistic. Hedge funds are unfortunately, a complicated subject, and try as one might, it is difficult to reduce the complexity of the issues. One of the
Read more
No Comments
TOP

DISCLAIMER / DISCLOSURE

The information, articles and content on www.hedged.biz are written by an industry professional who is currently in the investment industry working for a professional institution. By viewing or participating in discussion on this site, you understand that the opinions expressed here do not reflect the opinions or recommendations of such professional institution but is the author’s personal opinion.

 

The information in this site is believed to be reliable, however, no representation is made that it is complete or reliable. No reliance may be placed for any purpose on the information and opinions contained in this site and no representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained here.

 

Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security or other instrument. Before investing, consider your investment objectives, risks, fees and expenses. Any purchase or sale activity in any securities instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results