Hello!
Once upon time... I posted three times a week. :) Well, sorry for not posting since my vaction - bad habits! Anyway, it was a fantastic vacation, when not enjoying the sun, nice wine and good company, then I took the oppurtunity to spend three full days working on my models and starting drafting on an investor presentation. The latter is actually finished now (after some long nights and good inputs from friends - thanks!), eventhough some changes stills needs to be done to sharpen the presentation further. E-mail me if you want to see it.
So - what about the competitioen, is it still alive? Indeed! However, I havent had time to update the graphical returns just yet, but the algo is performing much better than my discretionary bets at the moment. Update will come - have patience!
In terms of markets, tons of things have happened the last month. The three major central banks have gone "all-in", which effective have put a floor on risky assets (they will take action if markets move in the wrong direction). At the same time the bad/modest macro outlook have put a cap on the upside, it simple needs to improve before risky assets more seriously can start climbing. Meanwhile, I expect rangetrading with a tilt to stronger risky assets (higher equity markets etc). How does this translates into FX? I think the JPY will underperform, NOKSEK higher and more longterm a lower EURUSD.
Over and out!
