Us Brits usually wear raincoats and thick vests so its a treat when the sun comes out and all these half clad attractive people appear from nowhere and the dimply bigger ones just disappear. I am sure it's because I have been good and a higher being is rewarding me.
When the choice is limited, sometimes it is easier to choose. A mustache, baldness or large feet just don't seem so important when the pool of assets is small. Making decisions is easy. Take the Euro. One super currency, one simple choice - Long / Short. As Soros predicts and wants, the EUR will soon break into more currencies and more choice = more trading opportunities.
Goldfish attention span sound bites
I found myself in someone else's apartment this morning. I knew this because when I grabbed my TV remote on waking, the CNN had been replaced by Gay Rabbit TV.
The USA beat us Brits at our own game (soccer) as we struggled on purpose to appease Obama about BP. Most of the people in my office had never seen a Soccer match before. One person thought the referee chose the substitutes, another thought you got half a goal if you hit the post, another was more interested in the strong thighs of the players. My head of research thought the final score was 2-0.
A friend of mine, who is a motivational speaker, has the hard task of educating some Analysts at Goldmorgan Stanley to be "Optimistic". Good luck to him. It will be like teaching an American the rules of Cricket.
Last night I was at a dinner / party / session and had the chance to chat at great length to Investment Banker WAGS. The most interesting was a lady whose husband had just retired from Goldmorgan Stanley at 35 and was struggling with the dullness of life. His WAG was being treated like his PA of old and she was having nothing of it. Another WAG said her arrangement was to "be with him" for only 1 day a week and he had recently cut back on his travelling and was causing a nuisance at home. Another soon to be married WAG was coming to terms that she was marrying someone who had very few interests in life - his outlook calendar, a blackberry, his driver and his tumi luggage.
So where am I going with this? Well I have found the CNN channel and am writing this on my host's iPad and my hang over is kicking in.
US Homes to house unemployed UK civil Servants (bloomberg)
Soros: Euro: Short: Crisis (cityam)
Australia Has Had Enough Ruddles (finfacts)
Hedgie On Community Garden Leave (telegraph)
XML to replace Quill Pens (hedgefundsreview)
SocGen Hiring Spree (hitc)
Obama's Love Of Hedgies (newsweek)
USA to win world cup.