Whilst I am not an economist nor am I even a macro trader – I am still vaguely sensible enough to spot a relationship… It is intriguing how little attention this gets on the sell side of economics (namely politics) and the implied problems this creates for the local economy.Details
With the traditional wet your pants month of October approaching I thought it might be interesting to look at average monthly returns for a variety of markets. All the usual caveats about averages apply.
Apparently, the world is ending because the media says so. The source of much of this hysteria is that the media seemed to have discovered a tool known as the S&P/ASX200 VIX indicator which is also known as the fear indicator. One somewhat hysterical report claimed that it was the highest it had ever been, which…Details
Bloomberg has created an interesting graphic looking at the various market interventions undertaken by the Chinese government. The part to concentrate on is the number of actions taken to stem the decline – none of which seemed to have worked. My feeling has always been that markets will go int he direction they want to…Details