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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (107204)1/25/2010 2:15:33 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 116555
 
true - see my remark regarding the EUR/USD on BBR from December - IMHO WS must be cut in size substantially limited to IPO's and market making and banks only permited to engage in the business of lending, no yield curve speculation except of true hedging of long term loans.

Speculative investment should be left to hedge funds with a strict limitation on size of their positions in certain class of financial instruments

This will lower volatility and re-allocate talent to where is needed most for the benefit of all of us - US industry