Monthly Archives: February 2011

Participants using CDS market as tail that wags dog should beware of its bite

Letter to the editor of Financial Times published February 15, 2010. Sir, James Rickards’ description of a run on a country (“How markets attacked the Greek pinata”, February 12) displays the accuracy and detail only first-hand knowledge affords. While I … Continue reading

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Shelter Island February 2011 Letter

Shelter Island February 2011 Letter Market Comment and Outlook Developed Countries´ Equity markets have rallied in the first two months of the year ignoring any bad news such as rising inflation and for at least a few days a pan-Arabic … Continue reading

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