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Is 10% The New 1%
Is 10% The New 1% By Peter Tchir of Academy Securities I’ve been thinking a lot about one of the first lessons I was taught as a junior trader. We were warned that when something happens, say a piece of economic data comes out, and the market doesn’t respond as you expected, to cut positions and be very careful. It is a sign that “something” is wrong in how you are thinking. On Friday, Treasuries rallied strongly on data that didn’t seem that great for rates. But the reality is...
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The Australian Defence Formula: Spend! Spend! Spend!
The skin toasted Australian Minister of Defence, Richard Marles, who resembles, with each day, the product of an overly worked solarium, was adamant. Not only will Australians be paying a bill up to and above A$368 billion for nuclear powered submarines it does not need; it will also be throwing A$100 billion into the coffers of More
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Softball Top 10: Mililani locked in at No. 1
Mililani collected eight of nine first-place votes to remain locked at No. 1 in the Star-Advertiser Softball Top 10 on Monday.