Since last week (see Sunday report 26 august) I have continued the work on my Internet infrastructure for corporate and private life. I am trying to find the right level of integrity.
Have a look at http://iphonesimfree.com/ if you want to make your iPhone sim free. It was on CNN this weekend.
Market update 30 Aug.
Written by Peter Almberg
Stockmarkets that I follow are at +/- 1% for the week so far. Very unchanged. Bond yields are 10 to 15 points lower and volatility (VIX) is up 20%. Actually the volatility is the big mover. Maybe we see some buying of longterm volatility that has been short OTC. Tomorrow we will listen to FED and try to convince ourselves that we are right about the market.
There is always a problem when losses should be distributed or its nearly always easier to share a profit. Isn´t it ?
One alternative could be that the ownership is transferred and a normal rent is payed for a year or two by the ex-owner with an option attached to re-purchase the "house". That could also be done with portfolios of contracts. If the rent and exercise price is calculated a way where everybody is a loser it could work. Some times the best deal done is the one that is second worst.
Last Updated ( Sunday, 06 July 2008 )
Market update 28 Aug.
Written by Peter Almberg
Gains last week lost. Investors are looking for safety. Fed is concerned about inflation ? The market should sort out its own problems. Volatility is up alot. Homeprices are falling and Americans become less rich. China is making new all time highs. Chinese turn richer. How should this all end. In Europe we are traditionally looking at whats on in the States. Where are we heading ? As I mentioned before I see two things that makes me nervous and both of them have to do with the theories used for meassuring risks. I will come back to that soon if the storm comes back. I hope market participants will go through their deltas, gammas and thetas in this world that is far from constant. Some of these greek letters are not even constant when market is closed.
