Archive - Aug 25, 2009 - Blog entry

I think that in the environment we are heading in, there will be a premium placed on liquidity. Long gone are the days where you tie up your money for ten years in private equity or accept lock-ups of three years with some hedge fund (some are stupid enough to do this).

Bank of Canada's Council Member Timothy Lane has some interesting things to tell the market.

August 24, 2009 will undoubtedly go down as a day of celebration at Zero Hedge as the thus-far bullet proof Federal Reserve was ordered to produce documents improperly withheld from Bloomberg reporters Mark Pittman and Craig Torres.

The Chinese ascent over last decade has lowered the degree of separation between China and the global economy: what happens in China doesn’t stay in China (not anymore), it spills over to the rest of the world.