Welcome to February … After a horrible month … everybody buys …
Here is why …
1. Statistics … If you take the 10 worst Januarys of all time, February average performance is positive and the average additional loss for the year is ONLY around 1%
2. If you battle against your benchmark … just […]

We survived January … and it was NOT the worst start of a year … as we recovered thanks to Uncle Ben …
January was down “only” 6.3% (S&P) … Nasdaq was down 9.9%.
The bond insurer problem still the tail wagging the dog …
Yesterday, CNBC spread rumours, that S&P will downgrade SOME of the bond […]

As “everybody” keeps jumping off the cliff and sells, many people are still enjoying their well deserved X-mas break.
It will be highly interesting to see, how the market reacts next week as it will be the real first full week of the year 2008.
We already are in the RED this year around 3 to 6% […]