From Calc Risk - BIS: Toxic Assets Still a Threat. This report may move the markets south Monday AM (before the PPT wakes up at least).
From The Market Ticker - SEVERELY Bearish Treasury Development Another report that may effect the market this AM. "There was no reason cited for the withdrawal but one can surmise that the issue is that they're stuffed to the gills with Treasuries and are finding it difficult or impossible to earn their spread, think there is a material safety risk in their participation (e.g. getting stuck long with a deteriorating position), or both."
From Seeking Alpha - Absurd Inverse and Leveraged ETF Product Whining David Fry says, "I’m a fan of these products and glad they’re available. They, like any other security or product, need to be used properly." What? Did I get that right, a positive statement on the ETF's we all love to use?
From Rick Bookstabber (via the Big Picture) - The 7 Habits of Highly Suspicious Hedge Funds Is a great read onone of the many ways you are getting screwed.
GL this week.
