Archive | August, 2012

Technology Glitches Fell the Mad Hedge Fund Trader

Many apologies to the hundreds of listeners who were cut short during the broadcast of my biweekly strategy webinar on Wednesday, August 1. Despite the Herculean efforts of the staff, sometimes the technology doesn’t deliver as promised. This was one of those days. For a start, getting the GoToMeeting software to work on an iMac […]

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The Fed Says No QE3

As I expected, the wildly optimistic expectations for further quantitative easing by the Federal Reserve at yesterday’s Open Market Committee meeting were not matched with substance. All we got was a continuation of existing modest programs and some minor tweaking of language. Bernanke only managed to say that, “further stimulus will be provided as needed.” […]

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August 2, 2012 – Quote of the Day

“The rule of thumb is to do your homework, do your analysis, and don’t give up prudent risk management for the sake of certain fads. Look for real valuations, and stay true to your time frames,” said Marc Chandler, the global head of currency strategy at Brown Brothers Harriman.

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