Wednesday, August 29, 2012

DailyMarkets.com - Commodities Look To US Data To Set The Stage Before Jackson Hole

DailyMarkets.com - Commodities Look To US Data To Set The Stage Before Jackson Hole


Commodities Look To US Data To Set The Stage Before Jackson Hole

Posted: 29 Aug 2012 03:00 AM PDT

Talking Points

Copper May Fall as US Data Dents QE3 Hopes, Oil Looks to "Isaac" for Direction
Gold and Silver Prices at Risk if Beige Book, US GDP Point to Firming Recovery

Commodity prices continue to consolidate near familiar technical barriers as traders wait for Friday's much-anticipated speech from Fed Chairman Ben Bernanke at the Jackson Hole symposium. Traders hope the central bank chief will signal the intention of launching a third round of quantitative easing (QE3).
In the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Aug 29, 2012

Posted: 28 Aug 2012 10:06 PM PDT

     Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news.

G-7 countries call for increased oil output to meet demand (Bloomberg)
Further Fed easing not “predestined”: Fisher (Reuters)
Brazil stocks open higher ahead of central bank … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


A New Era Of Transformational Technology Is Here

Posted: 28 Aug 2012 07:04 PM PDT

A synopsis of the article in The American, “The Next Great Growth Cycle,” by Mark P. Mills, CEO of the Digital Power Group and adjunct fellow of the Manhattan Institute:

Apple went public in December 1980. And there followed the longest run of economic growth in modern history, spanning five presidencies from Reagan through Clinton. Apple grew to become the world's largest market cap company and a tech icon. 

According to today's techno-pessimists (Tyler Cowen, Niall Ferguson and … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


NYSSA: Models Behaving Badly

Posted: 28 Aug 2012 06:10 AM PDT

I have long been an advocate of using an intelligent approach to quantitative analysis, or conducting “sanity checks” on models and understanding the limits of the models that quants use. If you are in the New York area on September 6, I would wholehearted recommend the NYSSA author series with Emanuel Derman, one of the giants in the quant industry:
Why do we—bankers in particular—continue to put so much faith in financial models, when time and again they have failed, in some cases with … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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