The political landscape in Europe will be in focus following weekend events in France and the Netherlands. The first round of the French presidential elections held Sunday confirmed that the two front-runners, President Nicolas Sarkozy and opposition candidate Francois Hollande will go on to the second round. The preliminary results showed Hollande ahead with 28.8% […]
Paulson Said to Short Europe Bonds Amid Spain Concern – Bloomberg
By Kelly Bit
April 17 (Bloomberg) — John Paulson, the billionaire hedge-fund manager seeking to reverse record losses in 2011, told investors he is shorting European sovereign bonds, according to a person familiar with the matter.
Paulson, 56, said during a call with investors that he is also buying credit-default swaps on European debt, or protection against the chance of default, said […]
Spain Not Greece Is the Real Test for the European Union – Bloomberg
Reasons are given, which is very convincing. Yet those reasons are so simple. With high unemployment, shrinking GDP, how is Spain going to meet its target?Spain Not Greece Is the Real Test for the European Union – Bloomberg
Top Traders of 2011
All the best traders will tell you that the most important aspect of being a successful trader is strong risk management. But they are referring to market risk: Not having too much leverage, having defined exits, not being overly concentrated in one market and avoiding illiquid marketsLink Top Traders of 2011