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Market update 28 Aug. Print E-mail
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.   Surprised

Market data: (change compared to 24 August)

 

Index/subject                     Quote (LW)      (Today)          Change  

10 year treasury yield             4.63 %           4.53 %        (-0.10)

Swedish OMX                         1210              1171          (-3.2 %)

FTSE                                     6220              6102          (-1.9 %)

DOW                                    13379            13042         (-2.5 %)

NASDAQ                               2577              2501         (-2.9 %)

NIKKEI 225                           16248            16287        (+0.25 %)

SHANGHAI SSE COMP.          5107             5195        (+1.7 %)

VIX                                          20.7              26          (~+25 %)

Last Updated ( Sunday, 14 October 2007 )
 
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