tag:blogger.com,1999:blog-34323687.post8802232633396408357..comments2024-03-29T03:19:56.674+00:00Comments on Macro Man: How best to sell the UK?Macro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-34323687.post-43773345076080930282008-03-31T08:23:00.000+01:002008-03-31T08:23:00.000+01:00Take a deep out-of-money EURGBP punt? If you lose,...Take a deep out-of-money EURGBP punt? If you lose, nothing much happens, if you win, you win big.<BR/>Possibly, I'd also do a JPYGBP punt, same rules.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-67189513558710620812008-03-30T17:38:00.000+01:002008-03-30T17:38:00.000+01:00FTSE's emerging market P/E?With a composition conc...FTSE's emerging market P/E?<BR/><BR/>With a composition concentrated heavily in finance and cyclical industrials?<BR/><BR/>I always thought that Mr Holmes had a mind to sell deep cyclicals when P/E was low.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-74421466265665846122008-03-29T11:27:00.000+00:002008-03-29T11:27:00.000+00:00just receive sep meeting date sonia.just receive sep meeting date sonia.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-6726564004460091782008-03-28T19:22:00.000+00:002008-03-28T19:22:00.000+00:00Short the FTSE? The FTSE has an emerging market p/...Short the FTSE? The FTSE has an emerging market p/e that sags each week below 10, and a dividend yield floating around 4.5%. As an index, it is now very heavily weighted towards energy and mining. RDS and BP are both yielding around 5.00%. They are huge components in the index.<BR/><BR/>I think the FTSE is at an historic low. I think it could go lower but is in the range of an enormous buy opportunity. Sterling needs to fall and then the FTSE will take off.<BR/><BR/>The lesson from the 1997 and 1998 financial crises was that the epicenter of those twin crises pulled everything down in separate bursts--but, the ground zero of where the bull market was taking place took off again each time.<BR/><BR/>Ask yourself: 1. Where is the epicenter of the current crisis? 2. Where is the current bull market?<BR/><BR/>As for the UK, I see a rather weak connection between the FTSE and the UK economy.www.gregor.ushttps://www.blogger.com/profile/14172143997858920566noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-51857050585923133202008-03-28T13:18:00.000+00:002008-03-28T13:18:00.000+00:00groupthink? beware tally man!groupthink? beware tally man!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-7039527592368057362008-03-28T12:22:00.000+00:002008-03-28T12:22:00.000+00:00What about buying UK CDS protection against France...What about buying UK CDS protection against France / Germany, or even against a basket of the more creditworthy emerging markets?CDN Traderhttps://www.blogger.com/profile/11183653753709444967noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-30576228475043009142008-03-28T11:35:00.000+00:002008-03-28T11:35:00.000+00:00Baggage handling was the Achilles heel of Barajas ...Baggage handling was the Achilles heel of Barajas T4 as well, with the identical outcome. Clearly the flow models they use for testing minimize the outliers and ignore dependencies. Sound familiar?<BR/><BR/>CBAnonymousnoreply@blogger.com