Market Reflections

Thoughts, ideas and musings on current state and evolution of financial markets

Where’s the Market Top

Raymond | June 29, 2009

This is a follow-up triggered from the comments/questions to “PUTTING IN A TOP”
For a trader it is imperative to understand the strengths and weaknesses of any tool one uses. After all, it I ones money out in risk. Refined Elliott Trader (RET) is a technical forecasting tool. It relies on the recent past market price [...]

Global Imbalances. The Real Problem

Raymond | June 16, 2009

Global imbalances are generally referred to as countries with chronic large current account deficits (US, GB for decades) versus other countries with chronic and large current account surplus (China, Japan).
Current account balance is calculated as difference between the inflow and outflow of money from a country. Some argue that these imbalances are the real reason [...]