Personal Investment Guide

1. Suppose that money supply growth continues to be higher in Turkey than it is in the United States. What does purchasing-power parity imply will happen to the real and nominal exchange rate?

2. Suppose that the Philippine government budget deficit falls. What curves in th open-economy macroeconomic model shift? [...] Continue Reading…

I’m writing a novel in which one character is a full-time futures trader, trading her own speculative account from her home after having traded professionally for a specialty mutual fund.

When I first started researching this book years ago, I visited some serious at-home traders who watched the markets at [...] Continue Reading…

Banks offer about 5.0 percent return annually. Average Mutual Funds about 15 percent return annually. Bonds offer 4.8 percent return. Hedge Funds can yield over 30 percent return with insane risk and luck. All these numbers are wonderful, but is it that difficult or impossible to outperform all of [...] Continue Reading…

http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6907681.ece?token=null&offset=0&page=1 I’m doing ‘God’s work’. Meet Mr Goldman Sachs…a political force more powerful than governments. …When they have finished getting "filthy rich by 40", as the company saying goes, these alpha dogs don’t put their feet up. They parachute into some of the most senior political posts in the [...] Continue Reading…