This issue is one of the more divisive in the trading world. Few traders have a middle-of-the-road view on it, and perhaps with good reason. Some of the most notorious hedge fund collapses in history, including Amaranth and Long Term Capital Management, have been partly blamed on strategies that involved “throwing good money […]
Ok it’s an admittedly arrogant title, especially considering we’re not in the business of writing recommendations. While I will make statements of opinion from time to time, I’m mostly interested in providing a daily sampling of the most interesting developments in the financial world.
Nevertheless, the news that China will be diversifying its $1 trillion + […]
Posted in Forex, Economics, Markets on November 9th, 2006 No Comments »
We all know about online gambling being banned not long ago shutting huge huge poker, sports betting, and other casino sites. What some don’t realize is how great gambling really is for society. The ‘big board’ is the biggest casino on the planet. With futures you can bet not just on crops and how much […]