Monday Links
Hedge funds as a group are not having a good year. Hedge Fund Research’s HFRX Global Hedge Fund Index was down .97% through May 30. It likely has not gotten better as the market has fallen since. The recent Chinese frauds have hit a large number of high profile hedge funds hard.
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One of the things that's notable about the shipping industry is that, to a remarkable extent, the people that were doing shipping thousands of years ago are the same people doing shipping today: the Vikings and the Argonauts—the Norwegians and the Greeks. These two small nations still control perhaps 30% to 40% of the world's ocean-going fleet.
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Schedule of Federal Debt for May 31, 2011. [pdf]
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4 comments:
I figured when the never ending Bernanke melt up market slowed or reversed plenty of "winner" would be shown as little more than trend riders.
Paulson getting his ass kicked!! Love it!
Look at BAC and C today!
BAC looks like a china fraud stock action wise. It is just an american fraud though.
LOL! That's gotta hurt. VERY interesting that financials are collapsing - says a lot.
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