Handing in the keys

I have been watching some of Howard Marks’ videos on youtube. The video linked below contains a brilliant anecdote at about the 1 hour mark.

Read More

The yield curve

The yield curve underlines a very simple and intuitive principle. I’ll illustrate it with a relatively absurd example.

Read More

Easing in Australia

The Reserve Bank of Australia (RBA) may be on the verge of cuting its deposit rate from one historic low of 1.5% to another one of 1.25%.

Read More

Soros' Herbalife bet

I have been finding out more about George Soros and his career over the last few weeks. In my opinion a very smart guy.

Read More

Macro idea

I have two possible trades: buy USD/JPY @ 109 area and sell GBP/USD @1.32 level. Both of these are based on a USD positive bias.

Read More

Distressed debt

Investors in distressed debt look at the debt issued by companies which is “cheap” (as valued by the bond market).

Read More