Just to be clear though, the big trends now are soaring inflation and falling financial asset prices, along with increased energy scarcity. This produces a variety of pair trades, which include: short government bonds, long energy, short residential housing, long gold, and probably short commercial real estate and corporate bonds as well, while going long farmland and agriculture.
June 11th, 2009 | Dan Denning | 4 comments | ContinuedAll Posts Tagged With: "corporate bonds"
Stress Testing the Banks
Last week we repeated John Robb’s idea that while the regulators are stress testing the banks (something the market has already done, if you look at the price of bank stocks) the regulators themselves are being stress tested. Or, more to the point, if GM and Citibank and AIG are failing because they are too large, complex, and poorly managed, then what about even larger organisations with even poorer structural finances like, say, the United States government?
March 10th, 2009 | Dan Denning | 0 comments | Continued