Tag Archives: keynes

Gotcha markets. As Keynes would say…

Posted on Jun 22, 2012 by .

0

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p88572661534&a=214966864 Keynes — that iconic economist who is more insulted than honored — aptly said that investing was oftimes a game of musical chairs in which the winner was able to get to a chair before the others.  Yesterday was one of those games –either gotcha or musical chairs.  We are partially hedging some index […]

Continue Reading