Giclee Printby Minrong Wu
item #: 11729067A
I find that Bloomberg has consistently high quality interviews. Many are thought provoking--perhaps it is because they are (1) an alternative to the opinions of the guest speakers on CNBC and (2) the length of time to express those opinions is considerable longer. I think that you'll enjoy this video by Philip Manduca at ECU Group. It's a UK interview, and I found Manduca to be very clear in his opinion. Because his fund takes debt and dominates it in different currencies, he is focused on relative valuation of currencies. If you have 15 minutes or so, I think that you'll find the interview interesting, and give you some points for consideration as you consider how to navigate the upcoming horizon. You can find it here.
New Levered ETF's. There are some new ways to both make and lose money and warp speed. It is through the Direxion ETF's that were recently launched. Below is a table with the new funds. These funds have already become very popular with BGU trading just north of 5M shares yesterday.
As you might imagine, these funds in these markets are quite volatile. Here is FAZ the Financial Bear fund:
And, if you are a Buffeteer on his money making ship, then you have been called to task in bailing the water that the ship has taken on:
The CDS spreads on Bershire debt have widened considerably. This stock has lost almost one third of its value.