Important events for the week:
1. JPY- Japan GDP- Gross Domestic Product, the main measure of economic activity and growth, Sun., Nov. 15, 6:50 pm, ET.
2. USD- U.S. Retail Sales, an important gauge of consumer spending measuring the total receipts at stores that sell durable and non-durable goods, Mon., Nov. 16, 8:30 am, ET.
3. GBP- [...]
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Hedge funds are back and boy are they ruling the roost. Almost all strategies have paid off except the ones which have been negative equities. But at some point the carry currency is going to reverse and when it does….we might just have 2008 all over again.
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Source: Mint, India
Well we are back to pre 2008 levels. Time to toast? Well not for everyone.
Private Equity, Asset Management still continue to laggers while Bond Trading, Investment Banking lead the way.
Fresbee
Investing Contrarian