Global Macro Report: 06/25/2012 – 06/29/2012

Dear Reader(s) About QE: Adding liquidity causes underlying asset inflation meaning additional QE’s subsequently require more $, €, ¥, 元, respectively, to create equivalent % increases (relative to the float) from previous easing events. United States The Dow (DJI) fell -0.99% for the week after minor selling (perceived short selling) & capitulation on Monday followed… Read More Global Macro Report: 06/25/2012 – 06/29/2012

Global Macro Markets Report (June 4, 2012 – June 8, 2012)

(C) 2012 – Ricochet Alternative Asset Management Dear Reader, Market activity over the recent weeks focused on whether the Fed will pump more liquidity into the market via quantitative easing (QE3).  The expectation of growth as reflected in macroeconomic indicators have been mediocre to poor.  Manufacturing in the U.S. as measured by the Chicago PMI… Read More Global Macro Markets Report (June 4, 2012 – June 8, 2012)

Global Macro Markets Report (May 28, 2012 – June 1, 2012)

Dear Reader(s), The volatility in the global markets have eased over the past week with major downside tail-risk events held to a minimum.  The retail and housing data from the U.S. did not surprise however the lack of negativity in the data given the global slowdown in growth was perceived as a positive.  The increase… Read More Global Macro Markets Report (May 28, 2012 – June 1, 2012)

Global Macro Report – The Week Ahead (May 21 – May 25, 2012)

(C) 2012 – Ricochet Alternative Asset Management Dear Reader, The U.S. indices all experienced downside volatility tail-risk (statistical alpha of .10) as the NASDAQ reclaims the title for most volatile of the three.  The Dow closed down -3.52% for the week as Monday and Thursday saw the sharpest sell off followed by Friday; with Tuesday… Read More Global Macro Report – The Week Ahead (May 21 – May 25, 2012)

(C) Ricochet Al…

(C) Ricochet Alternative Asset Management (2012) Dear Reader, Global markets over the most recent  5 day period trended downward, notably the Asian indices experienced severe tail-risk on downside volatility.  The Hang Seng for long only portfolios experienced kurtosis that breached the 99% confidence level, or an alpha (for statisticians) of .01.   The slowdown in… Read More (C) Ricochet Al…