We are still very defensive
Although we did not outperform the market today (the only way you could have done that was all in and then some) we managed decent gains. Surprisingly some of our largest positions did not move much…
Central Banks Take Coordinated Action - WSJ.com
Central Banks Move to Calm Fears Markets Rally After Joint Action Aimed at Cushioning Global Effects of Euro Crisis; Fed 'Prepared' to Do More if Needed By JON HILSENRATH And JEFFREY SPARSHOTT Is the…
Italy’s debt must be restructured | The A-List | Must-read views on today’s top news stories – FT.com – FT.com
Italy’s debt must be restructured It is increasingly clear that Italy’s public debt is unsustainable and needs an orderly restructuring to avert a disorderly default. The eurozone’s wish to exclude…
Complete List Of European Sovereign Events Through The End Of 2011 | ZeroHedge
Complete List Of European Sovereign Events Through The End Of 2011Submitted by Tyler Durden on 11/28/2011 22:17 -0500Belgium Bond Deutsche Bank European Central Bank Finland fixed France Greece Gross…
Goldman: "As The Endgame Approaches, The Rally In AAA-Euro Area Sovereign Bonds No Longer Seems Sustainable" | ZeroHedge
Goldman: "As The Endgame Approaches, The Rally In AAA-Euro Area Sovereign Bonds No Longer Seems Sustainable" Submitted by Tyler Durden on 11/27/2011 19:06 -0500 Bank Failures Baseline Scenario Bond…
Abreast of the Market: Scouring the Globe for Uncorrelated Trades - WSJ.com
Playing Defense Amid Debt Drama Investors Turning To Israel, Lehman In Hunt for Refuge From Market Woes ArticleBy MATT WIRZ The hunt for the perfect trade has some investors straying far from the…
IMF Readying Loan of as Much as $794 Billion for Italy, La Stampa Reports - Bloomberg
Markets are rallying sharply from deeply oversold conditions overnight. No legitimate news organization is picking up this story although we did blog a few days ago that would be a conceivable…
Utah Law Encourages Gold and Silver Coin Use - NYTimes.com
Utah Law Makes Coins Worth Their Weight in Gold (or Silver) Djamila Grossman for The New York Times Rounds of silver being produced at the Old Glory Mint in Utah. By WILLIAM YARDLEY Published: May…
Euro 'doomed to be a weak currency' | Mail Online
Euro 'doomed to be a weak currency' by DAVID HUGHES, Daily Mail Comments (0) Add to My Stories The euro is doomed to be a weak currency indefinitely, according to a crushing assessment by Europe's…
Black Friday 2011: Waffle Maker Riot Caught On Tape
Black Friday 2011: Waffle Maker Riot Caught On Tape. Wow, I thought the riots in Greece were scary. This is a full blown riot in a Walmart where apparently there are $2 waffle…