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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (35615)	6/10/2008 8:55:33 AM
From: elmatador	Respond to of 218083

It is all there. Figures, by line and source. By Steve Schifferes Economics reporter, BBC News Over $1 trillion in private funds was invested in developing countries in 2007, up from $174bn five years ago.

To: carranza2 who wrote (35615)	6/10/2008 10:39:50 AM
From: TobagoJack	Respond to of 218083

just in in-tray Note the comments below from a bond trader. Reckon a few Investment Bank trading desks got blown up this past week? As one who used to be a trader on a Government Securities Trading Desk, these types of trades are put on in huge size and have large leveraged positions. Is it really a 7-standard deviation event? Even if it is a 4 std. dev. event, I bet guys got taken to the woodshed. I believe that Julian Robertson was quoted a few months ago that he had this trade on in huge size? Of course he could've exited long ago..... xxx Bond Trader Comments: The sentiment regarding lower interest rates may be out of date. We've seen a 7 standard deviation daily move in the 2/10 swap curve today - flattening. The EUR curve has also seen some record-breaking flattening over the past two days. The mild interpretation is that this just a overdue cleanout of consensus steepening positions. The other interpretation is more sobering. The risk is that Sebastian is right, that the U.S. (and euro area) economy will skate through the slowdown courtesy of the fiscal stimulus and global growth. However, such an outcome is unacceptable to inflation-targetting central banks, as not enough spare capacity was created in the system. This spare capacity is needed to reduce the obvious price pressures that still exist. The oil price blowout also represents unfinished business on the bubble-popping front. In other words, the economy is in intensive care and getting better. So the doctor will have to smother the patient with a pillow until his health starts deteriorating again.