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Sep 05 2007

What Lies Beneath....Derivative Exposure In The Banking System

  • Sep 5, 2007

Transparency into the world of the financial derivatives market is notoriously opaque, and the statistics that are available can only offer hints about the level of risk looming over the financial system.

Oct 04 2006

View From The North Country

  • Oct 4, 2006

Despite the stronger stock market, there continues to be a healthy degree of bearish sentiment prevalent in today’s market.

Jul 04 2004

Derivative Exposure In The Financials

  • Jul 4, 2004

Derivative exposure among U.S. commercial banks continues to proliferate at alarming levels.

Nov 05 1994

View From the North Country

  • Nov 5, 1994

Economic growth and stock market performance don’t go hand in hand - the stock market looks ahead. Don’t be surprised by more wage irrflation. The AdvantHedge short selling program is updated and explained because readers have expressed a growing interest (maybe it’s the market).

Apr 05 1994

View From the North Country

  • Apr 5, 1994

Is sophisticated the same as smart? Market neutral operations are supposed to involve little or no market risk, so how could the entire asset base go down the drain?

Jun 05 1991

View from the North Country

  • Jun 5, 1991

Polling the Pros at Leuthold Group Luncheons...Derivative Markets Still Swing the Stock Market Up and Down

Oct 01 1987

The Tail Continues to Wag the Dog

  • Oct 1, 1987

Our view remains unchanged in terms of prudent investment strategy. While trading opportunities may abound in the next few weeks, both long and short, the stock market is downright dangerous.

Nov 04 1986

Has the Stock Market Become the Derivative?

  • Nov 4, 1986

You are undoubtedly sick of reading about program trading, but this “In Focus” feature may be helpful. Portfolio Insurance, Index Fund Arbitrage and Interest Enhancement Programs are now all-important stock market factors, at least at times. We also offer one controversial but probable restriction that may well be imposed on the program gang.