ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Yesterday, the Bank of England left its interest rate at 0.50% and increased its program of quantitative easing by £25 billion to a total of £200 billion. The British pound immediately rallied on the news against all major currencies – apparently, analysts already expected the increase and were afraid the BoE might actually increase quantitative … Read more
Soon after Google’s earnings I bought a November 570/580 call spread given that the year-over-year revenue growth rate finally seems to be turning around and revenue per employee looks ready to trend upward as well. I am finally getting around to explaining the move (as I promised to do) now that GOOG has reversed all … Read more
BoE needs to increase QE by 50 bln stg-Blanchflower | Reuters Bank of England policymakers must agree to top up the 175 billion asset purchase programme when it meets on Thursday to stop the economy "dropping off a cliff," former Monetary Policy Committee member David Blanchflower said. (tags: BankofEngland quantiative_easing) The significance of the IMF-RBI … Read more
Why Do Green Energy Experts Buy Solar Stocks? | Alternative Energy Stocks Green energy experts accept that solar panels are one of the least cost effective ways to reduce your carbon footprint. Nevertheless, many buy solar stocks. They should rethink their investment strategies. (tags: solar alt_energy)
Mother of all carry trades faces an inevitable bust The Fed and other policymakers seem unaware of the monster bubble they are creating. The longer they remain blind, the harder the markets will fall. (tags: Nouriel_Roubini bubbles interest_rates Federal_Reserve monetary_policy) Schools Are Where Stimulus Saved Jobs, New Data Show – NYTimes.com The best symbol of … Read more