Posts Tagged ‘Wall Street Journal’

WSJ: Debt Politics Make Euro Trading More Political Then Economic

“In terms of relative fundamentals between the U.S. and Europe, it’s clear to me the euro should be quite lower,” said Stephen Jen, founder of SLJ Macro Partners LLP in London. Jen estimates that perhaps as much as 80% of the euro’s price movements are due to political factors. [...] Read more of this news item

Hedge Funds Gain 2.63% in January

“The less-than-enthusiastic participation of the risk rally in the last few weeks suggests that investors who have been underweight risk will likely try to get on the bus,” SLJ Macro Partners’s Stephen Jen said in a recent note to investors. “As a result, risk assets could be pushed higher for longer, with modest pull-backs. [...]” Read more of this news item