Professional Documents
Culture Documents
Analyst citi stock reach record high => gold reason to fall strength dollar Buoyant s&p 500 le call de goldman sur les matrials and call discretionary have lagged behind due to weak growth in China and Europe Rational exuberance still point towards stocks : housing us stock traded at 2times book Flow into emerging markets fail to materialize
Hedge fund kyle bass : hayman capital, David Einhorn of greenlight capital, dan loeb of third point, et paul tudor jones in caxton associates
Flow into em fail, investors go to japan stock Consequence : big appreciation of Mexican pesos up 25% against yen and Thai Baht up 19.9, malaysing ringgit 19.2 bresilian real up 18.8. possible consequence : raising interest of local bond in EM in Mexcio, indonsia, south Africa
Forecast of recurd us corn crops curb rising grain prices Sterling smith future specialist at citi