dealingfloor.com

It’s apparent from the SEC filings of John Paulson, the billionaire hedge fund manager, that he is betting big on inflation to show its ugly head going forward.

Believe or not. The markets are saying: business as usual. At the same time, the real economy looks to be in a shambles however. What to make out of this?

On the surface, a luxury German carmaker, an English football team, a New York landmark and a troubled British bank may seem to have little in common. But in the Gulf, each one has come to represent the increasing ambitions of Abu Dhabi.

Interesting inside view on what happened at LTCM about ten years ago, by one of its principals, Eric Rosenberg.

The world is running out of capital. We cannot take it for granted that the global bond markets will prove deep enough to fund the $6 trillion or so needed for the Obama fiscal package, US-European bank bailouts, and ballooning deficits almost everywhere.