Wednesday, March 16, 2011
Can't even string words together. So here is a stream of disconnection.
Trading relative value in these markets must be like running a Lalique glass store on the main street in Pamplona on race day.
5% rally in Nikkei is NOT a massive bounce. Just look at a chart.
What IS your edge in these markets? Does leafing through the physics notes you made as a 14yr old help you any more than just having the fastest fingers on the e-platforms as news breaks?
TMM are getting REALLY pissed off with the blx being spouted by some of the market. Live streaming radiation rates in Tokyo from your friendly broker? At this rate you'd see the world markets fall 10% the moment someone flashes their 1970s luminous watch. Isn't there more radioactivity coming from the Americium in smoke alarms?
2433 lives lost in Chinese coal mines last year. Considered a huge improvement from the 1996-2000 average of 7619.
*EU MINISTERS TO DISCUSS NUCLEAR-PLANT STRESS TESTS TODAY
In light of what happened last time the European powers-that-be performed a stress test, evacuation is highly recommended.
The central banks are still in charge of FX at every level.
Have real money reacted to all this? Naturally laggards, we hear some have (in FX), and yet Equity land seems further behind.
Could Bahrain cede power to Saudi Arabia and solve their problems in a similar way to Ireland's Eurofication undermining the IRA (they never blew up Brussels).
Gaddafi is having a ball. His threats to cut all contracts to the West, apart from Germany, has us wondering what the hell Germany have been doing behind the scenes to curry favour. Tobruk part Zwei?
Sentiment is what is keeping the growth alive. Will the fall in sentiment be sufficiently influenced by recent market moves to turn the positive growth feedback loop into a negative feedback down spiral again?
Why are prestige marque car dealers having record sales in the UK, when TMM and their UK mates are NOT feeling at all flush?
Which Brit would possibly pay £2012 for an as yet unallocated ticket to hopefully watch a 10 second running race in a grim part of London. That's £724.320 per hour and not even TMM's gardener charges that much.