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George Bijak

 
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  • Emerging Markets At Risk [View article]
    yes EM is a volatile sector. Over the last 12 months, since the tapering began, EDC moved from $24 up to $32 down to $20 up to $35. EDC is 3x leveraged so the swings are amplified. Carry Trade is one factor influencing the prices. I look forward to your views on other factors influencing future trend for EM.
    Jul 31, 2014. 01:10 AM | Likes Like |Link to Comment
  • Sell In May And Go Away? [View article]
    more details can be found here:

    "sell in May" data from JP Morgan:
    http://bit.ly/1nrXOyZ

    Seasonal patterns in the USA and Australian shares - from AMP:
    http://bit.ly/1nrXOPf
    May 10, 2014. 08:48 AM | 1 Like Like |Link to Comment
  • Emerging Markets At Risk [View article]
    thanks
    May 10, 2014. 08:10 AM | Likes Like |Link to Comment
  • Emerging Markets At Risk [View article]
    Thanks for the additional sources. China is certainly the focal point.
    May 9, 2014. 10:45 PM | Likes Like |Link to Comment
  • The Indicators Of Stock Market Macro Turning Points During The Global Financial Crisis [View article]
    this has been more or less the story for the last 3 years... which gave room for a positive surprise
    Oct 21, 2012. 06:25 AM | Likes Like |Link to Comment
  • The Indicators Of Stock Market Macro Turning Points During The Global Financial Crisis [View article]
    it has been performing reasonably well. It will not always be right - this is not a perfect science. Markets are not rational most of the time and disregard valuation fundamentals (profits). Based on history, the periods of strong profits growth take around 30% of overall time; the rest 70% is relatively more risky for equities.
    Oct 20, 2012. 06:48 PM | Likes Like |Link to Comment
  • Bullish Case For Europe: Joint Euro Bonds [View article]
    George Soros has similar ideas (source: http://bit.ly/MR1Lf3 June 7, 2012): It is clear what is needed: a European fiscal authority that is able and willing to reduce the debt burden of the periphery, as well as a banking union. Debt relief could take various forms other than Eurobonds, and would be conditional on debtors abiding by the fiscal compact. Withdrawing all or part of the relief in case of nonperformance would be a powerful protection against moral hazard. It is up to Germany to live up to the leadership responsibilities thrust upon it by its own success.
    Jun 8, 2012. 08:58 AM | 1 Like Like |Link to Comment
  • Bullish Case For Europe: Joint Euro Bonds [View article]
    Yes, we heard the promises before…
    What do you think would be acceptable to Greece, Germany and the rest of eurozone? Is a new deal possible?
    Jun 7, 2012. 11:05 PM | Likes Like |Link to Comment
  • Bullish Case For Europe: Joint Euro Bonds [View article]
    could you provide a link to the news
    Jun 7, 2012. 09:35 PM | Likes Like |Link to Comment
  • Bullish Case For Europe: Joint Euro Bonds [View article]
    Yes, the damage is done – now they need to get out of it.
    Jun 7, 2012. 09:34 PM | Likes Like |Link to Comment
  • Bullish Case For Europe: Joint Euro Bonds [View article]
    Interesting analogy… while Warren can continue prosper without Warrenbonds, Germany cannot without joint-eurobonds. German prosperity is dependent on growing eurozone.
    Jun 7, 2012. 09:34 PM | 3 Likes Like |Link to Comment
  • Bullish Case For Europe: Joint Euro Bonds [View article]
    This is exactly the key “known unknown”: at what level of the crisis will every eurozone country (Germany in particular) come to the table?
    Jun 7, 2012. 07:34 PM | 2 Likes Like |Link to Comment
  • Bullish Case For Europe: Joint Euro Bonds [View article]
    Yes, there was no guarantee given. The LTRO only effectively enabled solvency by giving banks an opportunity to raise as much funds as they wanted at low 1% for 3 years.
    Jun 7, 2012. 07:32 PM | 1 Like Like |Link to Comment
  • The Indicators Of Stock Market Macro Turning Points During The Global Financial Crisis [View article]
    Thank for your interest and comments. You are right; the article talks more about coincident indicators while the strategy is based on my Corporate Profits Growth Leading Indicator which is proprietary hence undisclosed. I would not agree with classifying the strategy as “leveraged beta”. It could be better described as “alpha through timing of selectively leveraged beta”. Leveraged beta would just amplify market returns - in this case after 5 years it would deliver negative return. My strategy delivered 83% profit during this time. Despite being leveraged in 2008 and missing the Lehman Brothers collapse in September 2008 the strategy fell less than ungeared S&P500 index which is reflected in its better sharp ratio and ulcer index http://bit.ly/JmSVmU
    More detailed information about specific trades are being communicated to our subscribers and consulting clients http://bit.ly/JcFH7F
    May 23, 2012. 07:33 AM | Likes Like |Link to Comment
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