Archive - Jun 18, 2010 - Blog entry
SNB Loses 8b on Euro Intervention. Folds.
Submitted by Bruce Krasting on 06/18/2010 20:00 -0500What were they thinking? The biggest FX loss ever?
Grains See the Light at the End of the Tunnel
Submitted by madhedgefundtrader on 06/18/2010 09:52 -0500By going long corn, you effectively own a rising standard of living in the emerging markets, as well as challenging fresh water shortages, famine, and bad weather in grain producing countries. It also looks like the mindless diversion of one third of the US corn crop for fermentation into ethanol for fuel is not only going to continue for the foreseeable future, it will expand. Check out the new corn ETF. Sounds like a “buy” to me. (CORN).
Bank Health by State
Submitted by bmoreland on 06/18/2010 09:24 -0500Quick Quiz: Of the following 3, which states' banks are in the most trouble? Arizona, Michigan or Washington? Believe it or not - Washington.
