Watch out for next weeks action as we prepare for the JUNE FUTURE EXPIRATION …
Over the last days, markets seem to be rising again … against all news one finds
Today’s masterpiece … and nobody noticed it …
According to Bloomberg news, Moody’s has a new ratings unit !!!
An analytical team which operates separately(!!!) […]

Bonds are selling off as June contracts are close to expire …
WHY???
Inflation is ramping, credit crunch seems managable … so the Hedges are SOLD.
And now the speculation starts … WHAT’s NEXT???
Interest rates HAVE TO RISE!!! Next step of FED and ECB will be UP … a rate HIKE!!!
This is reflected first in selling of long […]

No, I’m not talking about RECORD falls in house prices …
Yesterday, S&P downgraded a huge bunch of so called Alt-A MORTGAGE- backed securities …
NEW YORK (Standard & Poor’s) May 28, 2008–Standard & Poor’s Ratings Services today lowered its ratings on 1,326 classes of U.S. residential mortgage-backed securities (RMBS) certificates issued in the first […]

The real reason behind the firmness in selected commodities is …
Index speculation … as too much money floats around, looking for yield.
As currencies are quite stable … compared to the 80’s …
and neither bond markets nor equity markets look promising …
especially after the collapse of the real estate markets …
MONEY looks for other fields […]

- OPEC’s 13 members, especially core Gulf producers, are taking their output cues from global oil demand rather than sticking to production targets.
- “Whenever there is demand it will be met by OPEC,” he said. “The majority of OPEC producers definitely don’t like this high oil price because it is neither in their interest nor […]

As Oil drops a bit … as expected, if you are a reader of my blog …
RUMOURS FLY … to find an explanation for the move
Newest rumour … coming from an U.S. investment bank …
U.S. Senate to propose limits / curbs for “speculative” oil trading … some even think, it could prohibit […]

Never in the history information was so freely available …
and never was it so stubbornly denied and ignored …
Everybody can be aware of the situation …
but nobody seems to care about, what is going on …
The financial industry became too big … not too big to fail …
as it finally will … but as big […]

Let’s see, whether we face our “usual bump” during the last tradingdays of the month and the first trading days of the new month
It will be interesting, whether they, the PPT, make it bounce once more …
Fundamental news … ALL NEGATIVE!!!
-Consumer confidence … PLUNGING … 16-year-low
-Inflation pressure rising … despite Oil coming back […]