[1]Anyone who paired a corn/wheat long in July while shorting the "natural" hedges Spain and China (a painfully obvious trade in retrospect, maybe) can now take the rest of the year off. Everyone else will have to continue trying to frontrun Ben Bernanke for a few more months.
[5]
And a detailed breakdown:
[6]
[7]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/122
[3] http://www.zerohedge.com/taxonomy_vtn/term/304
[4] http://www.zerohedge.com/taxonomy_vtn/term/139
[5] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/07-2/July%20Returns.jpg
[6] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/07-2/Return%20performance%20detail%201.jpg
[7] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/07-2/Return%20performance%20detail%202.jpg