Ackman’s HKD Revaluation Trade

In his presentation, Ackman starts off by asking, with its much stronger economy, why would Hong Kong maintain the same ultra accommodative monetary policy as the U.S.?

HK
US

Real GDP (YoY)
+5.1%
+1.5%

Unemployment %
3.4%
9.

Add to favorites

Twitter

LinkedIn

Facebook

Digg
. . . → Read More: Ackman’s HKD Revaluation Trade

Another Day, Another China Bubble Implosion Forecast

From the Telegraph

It’s become a popular trade among hedge funds who got it right during the U.S. subprime meltdown.

Mark Hart, an American hedge fund manager who has made millions predicting the crises in US sub-prime market and European debt,

Add to favorites

Twitter

LinkedIn

Facebook

Digg
. . . → Read More: Another Day, Another China Bubble Implosion Forecast

We Offer This as Asset Correlations Increase

Chris Cole of Artemis Capital Management sets out his views on volatility and asset correlations. Via Zerohedge.

Ben Bernanke through QE2, has created a world where investors must chase any asset yielding over 1%. Failure to do so would mean the f

Add to favorites

Twitter

LinkedIn

Facebook

Digg . . . → Read More: We Offer This as Asset Correlations Increase

Hendry’s Eclectica Short China Via Japanese Corporate Credits

FT.com reports that Hugh Hendry, who on video toured a Chinese city marveling at all the office buildings with no occupants while more office buildings were being built, is shorting China via Japanese corporate credits.

No word on whether this mig

Add to favorites

Twitter

LinkedIn

Facebook

Digg
. . . → Read More: Hendry’s Eclectica Short China Via Japanese Corporate Credits

China to Introduce Credit Default Swaps by End of Year

China intends to introduce Credit Default Swaps by the end the year, however no naked CDS positions will be permitted; investors will have to own the underlying instrument in order to have a position in a CDS, according to the Secretary General of th

Add to favorites

Twitter

LinkedIn

Facebook . . . → Read More: China to Introduce Credit Default Swaps by End of Year

Cayman Directors Corporate Services
MG Management Ltd.