Bund, Tbond e la storia infinita (VM 91.5 anni)
- Creatore Discussione masgui
- Data di Inizio
Leo's
Forumer storico
vedodan24 ha scritto:porco quazzo mi stanno facendo male su finmeccanica....ma quazzo gli prendi a questa è?
euro/yen andato sotto i 157....ed io devo annare a fare in kiulo
NERVOSO
a dopo
me lo sentivo di tenere fino a 156, quazz, meglio 1000 che un calcio in kulo comunque 
ditropan
Forumer storico
... anche se non stà facendo nulla a confronto all'euro/yen ... ma intanto questa sera è girata a favore ... e domani vediamo se continuano l'inversione !
per questa sera 7000 CHF pari a 7000/1.6228 = 4313 € di marginazione rientrano ... e domani si vedrà ...
sera bbanda
per questa sera 7000 CHF pari a 7000/1.6228 = 4313 € di marginazione rientrano ... e domani si vedrà ...
sera bbanda
gipa69
collegio dei patafisici
masgui ha scritto:i cinesi però dice bernanke non stanno più comprando treasury bond. In questi ultiomi mesi il decremento è stato molto forte. si stanno riposando
Immagine sostituita con URL per un solo Quote: [url]http://images3.pictiger.com/thumbs/56/1156d2c25049342bb6142c73e0eb1d56.th.jpg[/URL]
E' rimasto in ritardo....
NEW YORK, Feb 15 (Reuters) - Foreign central banks were net buyers of Treasury bonds last week, leading to an increase in their overall holdings of U.S. securities, Federal Reserve data showed on Thursday.
The Fed said its holdings of Treasury and agency debt kept for overseas central banks rose by $15.56 billion in the week ended Feb. 14, to stand at a total of $1.817 trillion.
The breakdown of custody holdings showed overseas central banks bought $9.25 billion in Treasury debt to stand at a total $1.188 trillion.
The foreign institutions also bought securities from government-sponsored agencies like Fannie Mae (FNM.N: Quote, Profile , Research) and Freddie Mac (FRE.N: Quote, Profile , Research), adding $6.32 billion to their holdings, to stand at a total $628.85 billion.
Overseas central banks, particularly those in Asia, have been huge buyers of U.S. debt in recent years, and own over a quarter of marketable Treasuries.
gipa69
collegio dei patafisici
This excerpt is from The New York Times article titled "Four Reasons for Your Portfolio to See the World" published on 2/11/07.
"For the second consecutive year, mutual fund investors poured a record amount of money into foreign stock funds. And for the second consecutive year, this has led to a good deal of hand-wringing on Wall Street. After all, similar euphoria greeted technology stocks in the late 1990s and the housing market during much of this decade. The giddy mood may be most obvious in emerging-markets stocks.
Last year, investors poured nearly $14 billion of net new money into funds with holdings in the still-risky emerging economies of Asia, Eastern Europe and Latin America, according to Citigroup Investment Research. That was about 15 percent more than they invested in domestic stock funds in 2006...
But the emerging markets are only a small part of the international picture. Last year, the bulk of international fund flows - in fact, more than $134 billion - went into foreign stock funds that invest in the more stable, developed markets of Western Europe and Japan. And when it comes to investing in these markets, 'fundamental factors validate the fund flows,' said Alec Young, international equity strategist at Standard & Poor's Equity Research.
Despite five consecutive years of outperforming the S&P 500 index of domestic blue-chip stocks, foreign shares in general still look as attractive - or, in many cases, more so - than domestic stocks, many investors say...
The dollar is still expected to lose value in the coming months... And should the dollar continue to lose value against global currencies, domestic investors will be rewarded by moving some cash overseas, even if the underlying stock markets in those countries don't gain much ground. That's because, whenever the dollar loses value, it serves as a tailwind for Americans investing overseas. Each share of foreign stock that Americans own will become worth that many more dollars when the securities are eventually sold and repatriated back to the United States."
My Take: Despite the fact that 92 percent of mutual-fund inflows in 2006 were directed at global equity funds (and every indication that these massive inflows into global funds has continued into 2007), the U.S. stock market and the dollar have managed to hold their own against their global equity and currency counterparts. And herein is the reason why I disagree strongly with the conclusion in the subject piece that overseas markets are attractive for U.S. investors.
The huge fund flows are at the very least a warning that American investors are not early to the overseas party, particularly since these flows are no longer pushing these markets higher relative to the U.S. To this observer, the implication is that some smart money is selling into these flows. In addition, the belief that the dollar will be weak this year is being confused with fact, and the fact that the dollar has actually gained ground overall so far in 2007 is dismissed as an aberration. Should the dollar confound the crowd and continue higher throughout the year, the "repatriation bonus" for owning overseas stocks will instead become a tax. And if money begins to flow back from the overseas markets as a result of this tax, U.S. stocks could get a significant boost at the expense of their overseas counterparts.
"For the second consecutive year, mutual fund investors poured a record amount of money into foreign stock funds. And for the second consecutive year, this has led to a good deal of hand-wringing on Wall Street. After all, similar euphoria greeted technology stocks in the late 1990s and the housing market during much of this decade. The giddy mood may be most obvious in emerging-markets stocks.
Last year, investors poured nearly $14 billion of net new money into funds with holdings in the still-risky emerging economies of Asia, Eastern Europe and Latin America, according to Citigroup Investment Research. That was about 15 percent more than they invested in domestic stock funds in 2006...
But the emerging markets are only a small part of the international picture. Last year, the bulk of international fund flows - in fact, more than $134 billion - went into foreign stock funds that invest in the more stable, developed markets of Western Europe and Japan. And when it comes to investing in these markets, 'fundamental factors validate the fund flows,' said Alec Young, international equity strategist at Standard & Poor's Equity Research.
Despite five consecutive years of outperforming the S&P 500 index of domestic blue-chip stocks, foreign shares in general still look as attractive - or, in many cases, more so - than domestic stocks, many investors say...
The dollar is still expected to lose value in the coming months... And should the dollar continue to lose value against global currencies, domestic investors will be rewarded by moving some cash overseas, even if the underlying stock markets in those countries don't gain much ground. That's because, whenever the dollar loses value, it serves as a tailwind for Americans investing overseas. Each share of foreign stock that Americans own will become worth that many more dollars when the securities are eventually sold and repatriated back to the United States."
My Take: Despite the fact that 92 percent of mutual-fund inflows in 2006 were directed at global equity funds (and every indication that these massive inflows into global funds has continued into 2007), the U.S. stock market and the dollar have managed to hold their own against their global equity and currency counterparts. And herein is the reason why I disagree strongly with the conclusion in the subject piece that overseas markets are attractive for U.S. investors.
The huge fund flows are at the very least a warning that American investors are not early to the overseas party, particularly since these flows are no longer pushing these markets higher relative to the U.S. To this observer, the implication is that some smart money is selling into these flows. In addition, the belief that the dollar will be weak this year is being confused with fact, and the fact that the dollar has actually gained ground overall so far in 2007 is dismissed as an aberration. Should the dollar confound the crowd and continue higher throughout the year, the "repatriation bonus" for owning overseas stocks will instead become a tax. And if money begins to flow back from the overseas markets as a result of this tax, U.S. stocks could get a significant boost at the expense of their overseas counterparts.
gipa69
collegio dei patafisici
f4f ha scritto:gipa69 ha scritto:Si dice che per chiudere le posizioni carry il cambio Usd/Yen dovrebbe arrivare tra i 111 e i 113....
E poi penso che ormai gli individuali stiano lentamente capitolando a favore dei mercati....[/quote]
in che senso capitolano?
Sai quando senti dire:
mio cuggino mi ha detto che ha investito in un titolo/fondo che è salito del 60% in un anno? Sto pensando a fare qualcosa del genere anche io....
Ecco questa secondo me è una capitolazione..... l'investitore solitamente prudente e diversificato prende la strada a senso unico di un unico asset perchè attirato dalle buone performance di parenti conoscenti amici.
Il trend è ancora giovane e quindi questo potrebbe avere un pò di strada da fare.
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