According to the CFTC data for the week ended Tuesday, net shorts again went to a record high in the euro after last week's modest drop. Net shorts in the pound fell a touch from last week's record high. In contrast, net longs in the Canadian $ rose by 60% to the most since Nov '07 and net longs in the Australian $ rose 26% to a 7 week high. Net longs in gold rose for a 4th week, up slightly. Net longs in crude rose to a 7 week high....
December 21st, 2008 at 10:27 pm
The most painful part of this is the unvarnished truth it represents. I’ve sat in far too many meetings that sounded just like this.
December 21st, 2008 at 10:37 pm
I wonder if something similarly sinister could be constructed where you have an investor across the desk from a hedge fund manager
December 24th, 2008 at 7:44 am
would there be a better way to create professional Transients filled with transient ‘Knowledge’?
a key part of our Poli-Sci-Fi Pachinko Parlor of an Economy..
martyseattle hits it..