Polemic's Pains

Greece could end up better off divorced from the EU if they play it along the time honoured lines employed in manipulative relationships th...

Time for a lighthearted quiz - How many financial journalists does it take a network to cover a Greek election? a) 1. To interview an ...

So we have had the EUQE and the Greek Election. There appears to be a huge sense of disappointment from the economic editors of the non-fi...

At last we have a full set, the global slot machine has finally hit the three bells in a row jackpot payout. The BoJ, Fed and now ECB have...

I have just received the most baffling email, which has left me unsure as to how to respond. Is this the latest attempt by some bot (thoug...

The Swiss National Bank has managed in one fell swoop to conjure up deflationary pressures beyond the worst fears of the ECB. A 20% currency...

One trade structure I have always liked is the peg break trade. I first deployed it in 1997 with the Thai Baht. It is fairly simple and in...

The greatest risk to the most blindingly obvious of trades is when the base of the trunk from which all those implied and correlated trade...

Today's Uk weather forecast could be applied to how I feel about Europe. "Today's stormy weather will clear to the east bringi...

One of the most notable things about 2014 was the demise of the macro funds at the expense of the index tracker. But 2015 feels as though...

I was thinking that the start of the year butchery was going to be along the lines of sacred ritual with the sacrificial victim soberly par...

The trading background -  We are in the last couple of days of the year where funds are most unlikely to do anything. First, because the...

With Christmas coming up this may well be my last post for a while as I get down to some serious not doing anything. But before I go, I thou...

If I were a very proud Russian leader I would default on all non-ruble debt. Or at least threaten to do so. Who's it going to hurt? Onl...

In the bleak midwinter In the bleak midwinter, investors gripe and moan, Oil and stocks and yield sank, faster than a stone; Ruble had...

There is always one. The poor sod who takes the wrap for everything. In the case of the 2008 global crash it was bankers and in the case of...

Oil. It's all supply and demand isn't it. Yes it is and of course when we talk about supply and demand economics 1.0.1. supply and ...

Well it’s all going much as expected. 2014 has been another year of tail chasing with most macro and discretionary traders finding it hard...

'Twas the night before Christmas, when all through the house Not a keyboard was stirring, not even a mouse. The portfolio stocks were ...

Well I read the events of last Thursday very wrong. By the end of the day there was nothing to make me think that Europe was a better pla...