Daily Reading – Tuesday, May 10, 2011

FT Alphaville: Roubini’s guide to a Greek debt restructuring

Cut, paste and mail to your favourite holder of Hellenic debt…

FT Alphaville: A proclamation from the Spanish Ministry of Public Works…

Just in case you were wondering…

Investing in Spanish real-estate sector is safe

FT Alphaville: There’s no change for the US driver…

… because the gasoline crack (the difference between the price of crude and the price of gasoline — a key metric in determining whether there’s enough incentive for a refinery to process crude) is roofing.

Zero Hedge: Reuters Special Report On What Caused The “Causeless” Crude Crash; Other Hedge Fund Casualties Identified

Zero Hedge: Sprott Launches Physical Silver Mutual Fund, Will Likely Soak Up Much Marginal Silver Inventory

The Slope Of Hope: How Long to Hold Silver?

As I’ve said repeatedly recently, I think we’ve got a bounce in play which – – I hope!! – – I can ride until it reverses. One of my key longs for this bounce is the silver ETF – have you ever heard of it? – symbol SLV.

Econompicdata: Secret Sauce Continues to Grip It and Rip It

What is the secret sauce? An alternative to the “sell in May, go away”; sell the S&P 500 at the end of May and then invest in the Long Government / Credit bond index (rather than sit in cash). The “strategy” (I wouldn’t necessarily call it that) takes advantage of data (mining) that shows the Long G/C has outperformed the equity market for the May through October time frame. The result is better annualized performance (14.1% vs. 10.7%) with less volatility (12.1% vs. 15.8% standard deviation).

Phil Pearlman: The Rise of the Market Participant Editor in Finance Media

There’s a big difference between reporting the news and making money.

This entry was posted on Tuesday, May 10th, 2011 at 7:16 am and is filed under Daily Reading. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.


Get Adobe Flash player