ami i glad somebody has actually picked up the possibility that sometime during the next generation ubs, barclays or lehman (even the swedish export credit bank) may fold, a "minor" detail among much b.s on the relative merits of the agricultural commodity etns
Dr Malaka (aka Dr. Pangloss who Rx's kool aid) states that Argentina has no problems at all (Argentina is a noun, and Argentine the adjective and nationality. there is no thing/person Argentinean -unless you learnt English * language where dubya was taught grammar and dan quayle won a spelling bee)
Thus, on pure logic: If The problem with Argentina ... is the Argentinians" And argentinians don't exist Therefore Argentina doesn't have a problem QED
wish you were here, some field research would bring you back to ground with a dose of reality of life under the lithium lady
Taking iPath DJ Livestock Cow out of the Barn [View article]
all three being etns, how does the relative chances of barclays (cow), lehman (lso), and ubs (ubc) surviving a generation and longer, affect their respective valuations?
am unaware of the actual legal technicalities, which seem to be on a state by state basis but an act closing the option for existing contracts seems dubya even more of a banana republican than one could ever have guessed
PowerShares DB Agriculture ETF Forced to Buy Alternative Futures [View article]
when my broker suggested i take a position in dba my rejoinder was: a) commodities firm, but on long term plateau, rather than up for a further escalation b) dba is too concentrated, personally would go for rja etn (more confidence in swedish export bank being there at the end, than barclays and now lehman) c) already holding a position in moo and agribusiness equities individualy (ok, he was unaware of the moo holding and some of the agri-corps) d) commodity boom prices associated with export duties, therefore fiscal performance, therefore the risk in argie govt bond holdings
this said, although diversification will almost certainly increase tracking error, at the bottom line it ain't a bad thing for investors
incidentally, lehman etn has 58% in soya (beans, meal and oil)
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how fitting!
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states that Argentina has no problems at all
(Argentina is a noun, and Argentine the adjective and nationality. there is no thing/person Argentinean -unless you learnt English * language where dubya was taught grammar and dan quayle won a spelling bee)
Thus, on pure logic:
If
The problem with Argentina ... is the Argentinians"
And
argentinians don't exist
Therefore
Argentina doesn't have a problem
QED
wish you were here, some field research would bring you back to ground with a dose of reality
of life under the lithium lady
* Or should that be "englishian"
Argentina to Default? [View article]
www.cansarnoso.blogspo...
p.s. the identity is in the adjective
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but an act closing the option for existing contracts
seems dubya even more of a banana republican than one could ever have guessed
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apart from the latter being more specific "cardio"
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btw: what does a lame duck feed on?
PowerShares DB Agriculture ETF Forced to Buy Alternative Futures [View article]
PowerShares DB Agriculture ETF Forced to Buy Alternative Futures [View article]
my rejoinder was:
a) commodities firm, but on long term plateau, rather than up for a further escalation
b) dba is too concentrated, personally would go for rja etn (more confidence in swedish export bank being there at the end, than barclays and now lehman)
c) already holding a position in moo and agribusiness equities individualy (ok, he was unaware of the moo holding and some of the agri-corps)
d) commodity boom prices associated with export duties, therefore fiscal performance, therefore the risk in argie govt bond holdings
this said, although diversification will almost certainly increase tracking error, at the bottom line it ain't a bad thing for investors
incidentally, lehman etn has 58% in soya (beans, meal and oil)