Contributing Editors' Blog Entries
Does Asset Allocation Still Work?
Submitted by Leo Kolivakis on 09/27/2009 - 11:18 As the nature of markets evolve, you need to understand how collective inflows are influencing the trends in each asset class and changing the relationship between them. Rebalancing is crucial, but so is understanding what is going on in each asset class and how developments in one asset class will impact other asset classes.
UK Weekend Reading - 27-Sept-2009
Submitted by Raymond Shaw on 09/27/2009 - 05:15 Must and interesting reads for your weekend ponder. Some Evans-Pritchard goodness, cash calls, horse manure and a lot more.
The United States of America vs. Andrew Hall
Submitted by Econophile on 09/27/2009 - 01:44 Andrew Hall All this for a measly $100 million paycheck? He only made $2 billion for Citigroup.
What will drive interest rates up?
Submitted by Vitaliy Katsenelson on 09/26/2009 - 20:20 In investing, it's important to think unconventionally and creatively while at the same time considering risks - no matter how remote or unmanageable they are. I keep thinking: What would drive our interest rates up in the US?
Fed's Warsh on QE - Form Over Substance
Submitted by Bruce Krasting on 09/26/2009 - 10:56 Warsh Fed Governor Warsh wrote his 'Blog'on QE. He may have penned the words, but not without Bernanke's approval. This was intended to calm the concerns over QE. It did not work for me.Who Is Eyeing Clean Energy?
Submitted by Leo Kolivakis on 09/25/2009 - 23:09 There is a clean energy revolution going on and it's just in its infancy. Those who can't see it are either blind or hopelessly ignorant. If pension funds are smart, they will start thinking about investing opportunistically in this sector now.
Jim Cramer: Called This One Too!!!
Submitted by thetechnicaltake on 09/25/2009 - 14:27 Jim Cramer Jim Cramer calls a top in Treasury Bonds. So it must be.Rydex Market Timers: All In
Submitted by thetechnicaltake on 09/25/2009 - 09:07 Rydex Yesterday's mini sell off has brought out the dip buyers.Key Price Levels: Mission Accomplished
Submitted by thetechnicaltake on 09/25/2009 - 07:41 There probably is a lot of back slapping going around at the Fed and Treasury Department these days as the markets have risen on a flood of liquidity.Freddie Pays Big for New CFO
Submitted by Bruce Krasting on 09/24/2009 - 20:32 What do you have to do to make $675,000 at Freddie Mac? Not much. Why is the gigantic piece of dead wood hiring big buck talent? Big money politics, of course. NOTE: AFTER I WROTE THIS ADDITIONAL DETAILS CAME OUT: KARI GOT A $2MM BONUS AND A GUARANTEE OF $3.75MIL!!!!The Last Hedge Fund Hurrah?
Submitted by Leo Kolivakis on 09/24/2009 - 19:11 It's amazing how a year after the worst financial crisis in post-war history, when hedge funds were closing the gates of hedge hell, things have not changed on Wall Street.
Bonds & Equities: Expect a Major Shift
Submitted by asiablues on 09/24/2009 - 18:55 The price correlation between equities and bonds of late has some argue that typically, if equities are trending higher, then bonds would head lower, and yield would be higher, due to concerns of higher inflation. So, the fact that bonds and equities in general are both firm seems to beg the question - which rally would end first - equities or bonds?
Has Capitalism really failed?
Submitted by J.D. Swampfox on 09/24/2009 - 16:29 "… excess savings flowing in from Asia and the reckless lowering of interest rates by the Federal Reserve Board; the relation between executive compensation, short-term profit goals, and risky lending; the housing bubble fueled by low interest rates, aggressive mortgage marketing, and loose regulations; the low savings rate of American people; and the highly leveraged balance sheets of large financial institutions." - Richard PosnerPrivate Equity on the Cusp of Golden Age?
Submitted by Leo Kolivakis on 09/23/2009 - 22:46 Private Equity In the environment we're heading into, I prefer liquid asset classes over illiquid ones and I certainly would pick and choose my private equity and real estate funds more carefully instead of writing big checks to every large buyout fund. I'd make sure that my private equity managers are not glorified financial engineers who came from an investment banking background, but guys and gals with solid hands on experience restructuring companies from the bottom-up.