MSE News: Inflation falls to lowest level since May 2000

wotsthat

Generali wrote: »

I expect a mini boom on the back of this, just in time for May.

Me too.

I'm also expecting lots of moaning on here about the said boom to be consumer led. i.e. it's terrible when people have more money because they only spend it.

antrobus

Pincher wrote: »

Alright, exchange rate risk is always a black swan.

What about this? Let's do a Oliver North CIA style Black Op for Angela Merkel. Angie does not want to be seen helping Greece endlessly, so I'll do it for her. I will set up a chain of front companies. Borrow EURO10billion from ECB, launder them through Bitcoin. The companies would buy mostly Greek debt, and hold them on their balance sheet. Now, float the companies on AIM, or if we are really cheeky, make them tradable as ETF.

Let's call them names like:

Olympic Greek High Income Fund.
Hellenic Special Situations Venture Capital
Titanic Unsinkable Fund

Funny thing is, if Greece doesn't default, it could be a nice little earner.

I think you'll probably find that some hedge fund is already doing just that.:)

Pincher

antrobus wrote: »

I think you'll probably find that some hedge fund is already doing just that.:)

The people who brought us Collateralised Debt Obligations just can't help themselves. Once a junk bond junkie, always a junk bond junkie.

Generali

Pincher wrote: »

The people who brought us Collateralised Debt Obligations just can't help themselves. Once a junk bond junkie, always a junk bond junkie.

Most CDOs sold by the banks weren't junk bonds, that was the point.

Pincher

Generali wrote: »

Most CDOs sold by the banks weren't junk bonds, that was the point.

Dodgy risky horse meat sold as lamb.


Bankers are just time share salesmen in pinstripes.

Thrugelmir

antrobus wrote: »

I think you'll probably find that some hedge fund is already doing just that.:)

Some hedge funds are running into trouble as institutions have pulled funds. The returns are no longer warranting the high fees charged.

Generali

Thrugelmir wrote: »

The returns are no longer warranting the high fees charged.

In reality, once you remove survivorship bias, I suspect they never did.

Pincher

There was a Cantonese movie satirising copycat businesses.


A Mr. Wong invented a really good pair of scissors, and it sells like hot cakes. The next scene, the whole street is full of Mr. Wong scissor shops.


There is only so much arbitrage/pricing error opportunity in the market. If you are the only hedge fund in the market, I have no doubt you can make a killing. When it's millions of computer trades between hedge funds, it's just two cockroaches trying to eat other.

Thrugelmir

wotsthat wrote: »

I'm also expecting lots of moaning on here about the said boom to be consumer led. i.e. it's terrible when people have more money because they only spend it.

May accelerate the first (very small) incremental rise in base rate.

Thrugelmir

Generali wrote: »

In reality, once you remove survivorship bias, I suspect they never did.

If you charge your clients 2% on the funds invested and take 20% of any profits. You've consistantly got to be producing good returns. Not so easy in volatile markets.