I have a normal post ready to publish from early today, we'll have to wait to see if it ever does publish.
Some quick notes;
Direxion has filed for India sector ETFs, these would be plain vanilla equity funds.
Market Vectors came out with a Latin American bond ETF with ticker BONO that looks very interesting.
There have been countless segments on stock market television guessing on the fair value of crude oil and many times there is mention that right now crude has a $20-$30 speculation premium in it. Oil always has the speculative premium in it. Always.
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1 comments:
Demand destruction seems to be the flavor de jour, although a northern bloke from the UK who fronts Goldman Sachs's Asian division thinks its just a trough in a secular bull (on Bloomberg).
He failed to mention any pending court cases, but kept up the Euro-bashing even though France and Germany have surprised to the upside, and said China will have a storming Q2. Interesting.
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