16 November 2009
The Market Closed UP
Interesting to see the Risk Trade coming back on. For fixed income as well as equities apparently. Not with the same ferocity as this summer but still noticeable, @50-125bps for beta,VMO and EMO. We've been refining the dashboards used to summarize the market and I'm pretty happy. I sure wish we had something like this when Nikko was trading with us.
Lots of story stocks in the winners list but I am sure there's a deeper message for all of us in the numbers. Somewhere.