Who was there? The 20th June 2009, that Saturday at the Dublin Spire (the ‘spike’ it’s called) in O’Connell Street at 3 pm when the freeze event was set up. Was a good one. Here is the facebook page if you want more details. And if you wanna see more: this is a YouTube video showing the amazing effect this has.
Time to do something similar in Wall Street.
Ha.
I love the quants. Especially if you know some in person. Although it‘s the French Bastille Day, here is a line from a report from some BNP quants. About China. The end is near.
"By the very nature of the model, this result gives us two conclusions. Firstly, there exists a bubble in the Shanghai Composite Index. Secondly, it will reach a critical level around July 17-27, 2009. This will lead to a change in regime which may be a crash or a more gently bubble deflation. An extended version of this note, with a careful assessment of the confidence intervals and comparisons with the previous Chinese bubble ending in Oct. 2007, will be released soon."
Ha.
The (American) budget deficit tops 1000 billion USD for the first time ever, set to hit 2000 billion USD this fall.
This line comes from the Wall Street Journal.
Ha.
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Time to do something similar in Wall Street.
Ha.
I love the quants. Especially if you know some in person. Although it‘s the French Bastille Day, here is a line from a report from some BNP quants. About China. The end is near.
"By the very nature of the model, this result gives us two conclusions. Firstly, there exists a bubble in the Shanghai Composite Index. Secondly, it will reach a critical level around July 17-27, 2009. This will lead to a change in regime which may be a crash or a more gently bubble deflation. An extended version of this note, with a careful assessment of the confidence intervals and comparisons with the previous Chinese bubble ending in Oct. 2007, will be released soon."
Ha.
The (American) budget deficit tops 1000 billion USD for the first time ever, set to hit 2000 billion USD this fall.
This line comes from the Wall Street Journal.
Ha.
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