Category Archives for Market
Lehman Brothers Goes into Bankruptcy
After being unable to get any buyers, Lehman Brothers, once the fourth-largest U.S. investment bank, will file for bankruptcy. Lehman Brothers said in a statement today that they plan to file a Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of New York. The filing will be by the holding company and won’t include […]
Craig Russell on HKSE as a Doorway to China
On Saturday morning, I was at Pan Pacific Hotel to listen to Craig Russell, Saxo Bank’s Chief Market Strategist, share some of his market views. Craig has over 20 years of experience in the global currency, equity and futures markets and is based in China. For some reason, I was a bit lethargic during the […]
Market Focus for the Last Lap of 2008
I had some time between Steen Jakobsen’s talk and the panel discussion, so I decided to attend one of the talks on trading psychology. It turned out to be a complete waste of time as the speaker seemed to be more interested in impressing on the audience his trading records than sharing any knowledge. Two-thirds […]
Steen Jakobsen on 2H08 Asian Trade Outlook
The next speaker that I managed to catch at the Invest Fair was Steen Jakobson, the Chief Investment Officer of Saxo Capital Markets. Steen had a very negative outlook on the state of the US economy, with the falling commodity prices a confirmation sign of the slowdown. He also heavily critizied the money printing policies […]
Ron Paul Grills Bernanke on Inflation
I had a good chuckle as I watched Ron Paul asks Ben Bernanke questions pertaining to the devaluation of the dollar and trying to expose the ugly truth behind inflation. On both accounts, Ben evades answering the question. Note that the sessions were recorded quite a few months ago. Here’s the first video: And here’s […]