On completion of its acquisition of Barclays Global, BlackRock will become the biggest fund manager in the world. It will have nearly $2.8 trillion in assets under management. In other words, those...
Click here to continue reading this post >>
It was not so long ago when the Oracle of Omaha, Warren Buffett described derivatives as ‘financial weapons of mass destruction’ and warned against the extraordinarily high risks hidden in those in...
Those who are familiar with, or have at least heard about, the extreme high-pressure trading room environment at investment banks and hedge funds know for a fact that the most successful traders ar...
It is often said that the sure sign of a market bubble about to burst is when you hear incredible index forecasts from otherwise sensible analysts. Like last year, when we got a few forecasts of Se...
When oil prices first hit the $100 per barrel mark during the first week of January, most oil analysts said the three digit level was unsustainable. Prices promptly corrected to less than $90, as t...