As the fashion of today is setting up SWFs (sovereign wealth funds) … to save the world … or better … to convert earned dollars into knowledge and influence …
HERE COMES SAUDI ARABIA …
Seemingly trying not to be too far behind its neighbors … Saudi Arabia will set up the BIGGEST SWF, I just […]

China is about to allow Chinese domestic institutions to buy shares (after Hongkong) in London and New York as well …
A good move as it will diversify their retirement savings and at the same time makes the Yuan more tradeable and opens up the capital market … only Problem … it is a stream […]

As X-mas comes closer, it gets more difficult to be interested in the markets …
Even more as the main themes are still the same … NO CHANGE … and it seemingly won’t change for some time down the road …
Housing, subprime and recession on one side … Asian growth, splendid tech earnings and the […]

Situation:
U.S. Markets: Markets managed to squeeze out a small gain, but all but convincingly so far … CPI might decide the next bigger move … Honeywell reiterated 2008 outlook and Citibank decided to take action … fired its COO and took their SIV’s on its balance sheet … late, but at least they did it. […]

I watch the market since I was a little kid, reading the economics section every morning as Sports were on the other side of the newspaper and my father started every morning with the Sports section … and I trade fulltime since 1982 … so I traded the Paul Volcker markets … the whole Greenspan […]

Situation:
U.S. Markets: Markets sold off big time after the FED decision to cut rates each by 25bps … Nasdaq best performer with 2,4% loss, the Russell lost 3,7% …
So, America followed the Dax, rebreaking the downtrends.
But … reading the statement and trying to make sense of it …
isn’t it positive, that the FED is […]

Situation:
U.S. Markets: Firmed a bit on interest rate cut hopes … seemingly everybody already is sure about the outcome. Today morning prices higher on Texas Instruments raised outlook for Q4 , the possibility of Motorola being a take over target soon and lack of fresh bad news form the financial sector.
Asian Markets: Higher across the […]

Situation:
U.S. Markets: Waiting for FED decision … down a bit this morning on UBS write off (10 bln $) and capital increase (total of 19bln chf) which highlightes struggling financial sector … BUT … a lot of money seems to be available for the big banks who take action on their problems.
Asian Markets: Slightly down, […]