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Good read on the perils of investing in foreign property, especially when using income support. Hindsight is 20/20, but I think it’s a good case study on always being aware of forex and political risks when making a large illiquid investment in a foreign jurisdiction.
Fascinating insight into the lengths that hedge funds will go to protect their quant strategies. High recommended read.
What do you guys think. Did the Fed really blink?
Interesting results. Who will be the leader when this same chart is done 15 years from now?
Price is set at the margin, by the few who are willing to buy/sell, rather than the bulk who are just holding.
Till next time, Financial Horse, signing out!
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