Financial markets

There is an idea, the 'Great Rotation', that we hear a lot about since the beginning of the year, a great underlying movement that should be happening in the markets: investors moving from bonds to stocks.

Physical trading is at the same level where it was when gold was at its peak at $1,900. That’s extraordinary. The level of physical gold trading is incredible.

Nikkei’s 7% plunge, last Thursday, and the way it happened, gives us a glimpse into how the next crisis will play.

Are we witnessing the emergence of bubbles everywhere, or isn’t the whole thing becoming a gigantic bubble? All financial assets are going up at the same time, whether it be stocks, sovereign debts, or corporate bonds!

After the LIBOR scandal, are we witnessing the ISDAfix scandal? This time it’s not about interbank lending rates, but rather about interest rates for swaps.

When the Dow Jones hit 14,000 pts, it reached its historic record of 2007. A remarkable comeback after its low of 6,500 pts of 2009. So, then, the crisis is over?

Egon von Greyerz told that when it comes to markets, “... nothing is real.” He also believes we are seeing a sucker’s rally in stocks.

Greece will certainly default, but no one can anticipate the size of the chain-reaction financial catastrophy that will be brought about by the CDSs