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Archive for the ‘MF Global’ Category

Commodities volatility

In Arctic Oscillation, Capital Shortfall, Cataclysm, Commodities, Crisis in Japan, Cyprus Securities and Exchange Commission (CySEC), default, Economic Institutions, European Union, Financing Reconstruction, Global Economics, Groupon legt Traumstart an der Börse, Hedge Fund, ICE Brent Crude oil, macroeconomic factors, MF Global, Multibillion, Nuclear, philanthropy, price volatility in energy, Proprietary, spillover effect, Turbulent Markets on December 22, 2011 at 3:08 am

Social unrest and revolt during the Arab spring led to a restricted N African supply of crude. Japan’s catastrophic quake halted her industrial production lines. These events created unprecedented volatility in the raw commodities industry, the volatility is set to continue through 2012 as more austere fiscal measures are adopted.

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The ECB must stop the meltdown by buying GIIPS bonds

In Belgian, Capital Shortfall, Cataclysm, Commodities, Cyprus Investment Promotion Agency (CIPA), Cyprus Securities and Exchange Commission (CySEC), Economic Institutions, El Niño and La Niña, Environment, European Union, Financing Reconstruction, Global Economics, MF Global, Multibillion, price volatility in energy, Proprietary, selective default, spillover effect, Turbulent Markets on November 30, 2011 at 3:37 am

If the IMF is asked for funds from the EU, it won’t have enough resources for the rest of the worlds emerging markets if there is a contagion.

The fiscal situation in the EU’s GIIPS countries is not good, but it’s not like they were jewels to begin with, they’ve battled these problems for decades, even centuries.

The ECB must resolve this. Today, there exists a real possibility that the EZ might just break apart and countries would return to multiple currencies.

The ECB must stop the meltdown by buying GIIPS bonds as needed.

Statistics in Greece is a combat sport

In Arctic Oscillation, Capital Shortfall, Cataclysm, Commodities, Cyprus Investment Promotion Agency (CIPA), Cyprus Securities and Exchange Commission (CySEC), Economic Institutions, European Union, Financing Reconstruction, FX, Global Economics, macroeconomic factors, MF Global, philanthropy, selective default, spillover effect, Turbulent Markets on November 28, 2011 at 7:43 pm

Elstat is Greece’s new independent statistics agency. Elstat has been commissioned by the European Commission to “clean up” the statistics, after decades of corruption and inadequacy by the Greek finance ministry.

Yet, Elstat is now facing opposition in the form of an official criminal investigation by the Greek government for “inflating the scale of the country’s financial crisis.

Accusations include delay in diaper aments of loan tranches.

The market will open down 100% tomorrow, Thank You, Republican National Security Debate

In Capital Shortfall, Commodities, Culture, default, Economic Institutions, Financing Reconstruction, FX, Global Economics, latin america, MF Global, Nuclear, philanthropy, price volatility in energy, Proprietary, Regulatory demands, Turbulent Markets on November 23, 2011 at 2:35 am

Tonights Republican debate is focusing on national security and foreign policy issues. So far, the candidates have been unable to understand if the next Iranian regime will likely want nuclear weapons too.

I guess “Africa is a country”…and according to Rick Perry’s math “half a trillion” is actually equal to “500 million.”

we should spend even MORE money on Defense! – Mitt Romney

“Africa is a country on the brink.” – Rick Santorum

genocide overseas? Not our business, beer should be illegal – Ron Paul,

Iran has mountains and shit – Herman Cain

Chilean models http://bit.ly/sivhRn – Newt Gingritch

give mexican drug lords medical care and scholarships – Rick Perry

“voices in my head said” – Michelle Bachman

Record Month For Bond Holders

In Arctic Oscillation, Cataclysm, Commodities, Crisis in Japan, Cyprus Investment Promotion Agency (CIPA), Cyprus Securities and Exchange Commission (CySEC), Economic Institutions, Financing Reconstruction, FX, MF Global, Multibillion, price volatility in energy, Regulatory demands, selective default on November 12, 2011 at 6:17 pm

Bond managers have recovered record profits in the past month.
See attached charts, courtesy of Jpm:

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Crisis of Confidence

In Belgian, Capital Shortfall, Cataclysm, Cyprus, Cyprus Investment Promotion Agency (CIPA), Cyprus Securities and Exchange Commission (CySEC), default, Economic Institutions, Environment, European Union, Financing Reconstruction, FX, Global Economics, Hedge Fund, ICE Brent Crude oil, IKOS Financial, latin america, macroeconomic factors, MF Global, Multibillion, Nuclear, philanthropy, price volatility in energy, Proprietary, Regulatory demands, selective default, spillover effect, Turbulent Markets on November 3, 2011 at 3:59 pm

At this point it really doesn’t matter which way the crisis in Greece goes. The worlds confidence has fallen as bond markets have shown more alarm and the GIIPS have been forced a bailout. Government debt situations and the banking industry and heavily linked GLOBALLY, and more is likely to come (MF GLOBAL).
The fall in confidence has led to a convincing bailout but weaknesses in the Eurozone will still remain. Money is already fleeing the Eurozone, the dollar only an alternative. The Swiss Franc and the Yen are no-longer safe-havens because their central banks have intervened to artificially weaken those currencies.
Today the U.S. dollar is the only really liquid place for cash to go. Greece can get a bailout but she will weaken tomorrow.
The EU has no choice but to leave Greece bankrupt and in chaos. Modern Greece has not been much of a democracy in the last 60 years. Confidence is down. When they re-print the Drachma to pay bills, hyper inflation will be terrible, “contagion” is worse.

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“This is a question of whether we remain in the euro zone. This is very clear. It’s clear to everyone” – Papandreou

In Belgian, Capital Shortfall, Cataclysm, Culture, default, Economic Institutions, Environment, European Union, Financing Reconstruction, FX, Global Economics, latin america, macroeconomic factors, MF Global, Multibillion, Nuclear, philanthropy, price volatility in energy, Regulatory demands, selective default, spillover effect, Turbulent Markets on November 3, 2011 at 3:44 am

Ok, here is the itinerary: The ECB is meeting on November 3rd. The G20 is meeting on November 3-4, The Papandreou is attending on the 2nd day. A Eurogroup meeting will follow on November 7th, followed by an EU Ecofin meeting on November 8.
The Troika was meant to disburse the sixth tranche of the first program in the first or second week of November, as Papandreou returns from G20 weaker we may not see this funding pass.

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Ex-Ikos chair Coward launches illegal hedge fund.

In Capital Shortfall, Cataclysm, Culture, Cyprus, Cyprus Investment Promotion Agency (CIPA), Cyprus Securities and Exchange Commission (CySEC), default, Economic Institutions, Environment, European Union, Financing Reconstruction, FX, Global Economics, Hedge Fund, IKOS Financial, macroeconomic factors, MF Global, Multibillion, philanthropy, price volatility in energy, Proprietary, Regulatory demands, selective default, spillover effect, Turbulent Markets on November 2, 2011 at 7:11 pm

Martin Coward, co-founder of Ikos Financial and estranged husband of Elena Ambrosiadou, is preparing to launch his own hedge fund. The FT reports the fund will be activated next year, using the same state of the art proprietary technology to benefit from high frequency trading that has lead to Ikos’s success.
Although Coward is the original code designer he does not have ownership of it.
Ms. Elena Ambrosiadou has put in place an injunction that is enforceable in the EU (UK & Cyprus) making it illegal for Mr. Coward from talking about Ikos or to any individual connected to the fund, ever.

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The Maltese Falcon built by Perini Navi is a clipper sailing luxury yacht, owned by Elena Ambrosiadou.

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