I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
Sunday, October 16, 2011
Our Top 20 Fastest Growing Exports
Click to enlarge.
First they came for our jobs, but I did not complain because...
Institutional investors have plowed tens of billions more into structured investment products, such as swaps tied to commodity indexes, according to Barclays.
On the other hand the goal for the investment banks was to increase profit margins since the newer products with added features were harder to value, so that it was harder for the banks' clients to see how much profit the bank was making from it.
highly complex - the complexity of the return calculations means few truly understand how the structured product will perform relative to simply owning the underlying asset
Somebody somewhere is eating a whole lot of bread...
ReplyDeleteI'm very surprised to see:
ReplyDelete2) Coal and Fuels, other
4) Petroleum Products, other
6) Fuel oil
7)Metallurgical grade coal
That's a lot of energy going out the door.
JzB
Audrey,
ReplyDeleteBread is a highly complex product. ;)
October 5, 2011
The Case Against Commodities
Institutional investors have plowed tens of billions more into structured investment products, such as swaps tied to commodity indexes, according to Barclays.
Structured product
On the other hand the goal for the investment banks was to increase profit margins since the newer products with added features were harder to value, so that it was harder for the banks' clients to see how much profit the bank was making from it.
highly complex - the complexity of the return calculations means few truly understand how the structured product will perform relative to simply owning the underlying asset
Jazzbumpa,
ReplyDeletePerhaps we'll make it up on semiconductors. NOT!
Semiconductor exports actually fell 5.9% from $31.654 billion to $29.801 billion. Oops.
this is standard fare for less developed countries
ReplyDeletepurple,
ReplyDeleteI have often joked that I am neither a Republican nor a Democrat.
I'm a Banana Republican. Sigh.