Risk appetite fades-reflation ebbing–Feb.25,2009
The treasury sold $32 Billion in Five Year Notes today to yield 1.985%.On Thursday the FED will sell 7 year notes for the first time since 1993. There is plenty of demand out there for "safe" treasuries so inflation appears to be under control. A slight uptick in Tsy yields is expected after...
Macro Reflation Trade-Update from Dec. 16, 2008
In December 2008 after the FED action to open money spigots we offered trading ideas primarily the following:precious metals, short treasury bonds,long industrial metals and long high yield corporate bonds. Here is what has moved since then: Gold and silver stocks up 12-20% FCX up 21% PCN Corp...
Macro Reflation/Deflation update Feb 11,2009
Precious metals and mining stocks were strong today.Gold is up $26 to $928 and Silver up 42 cents to $13.4. Money flowed back into treasuries with a successful 10 year auction yielding 2.75%. As a result TSY short(TBT) is down again 2% at $45.25.Watch corporate bonds for stability, doing well...
JPMorgan Healthcare Conference#2
JPMorgan Healthcare Conference Notes from January 13-14, 2009 Rod Raynovich Healthcare –“The Big Idea” for 2009? As the Conference winds down today the buzz has remained positive despite being buffeted this week by a nasty stock market, negative economic indicators and the ongoing dreary credit...
2005 real estate post (from Patrick.net)
Rod Raynovich Says: July 21st, 2005 at 12:40 pm Are we at the TOP YET? Housing stocks and bonds weaker after Greenspan testimony and Chinese currency loosening. Uncertainty arrives. Three of our RAG advisers have called the top in real estate now. This is 3 weeks after two leading money...