Archive for August 15th, 2008

Friday, August 15th, 2008

ACME’s Letter to Investors

ACME Systematic Leveraged Macro Momentum Fund LP
321 Overprice Street
Greenwich, CT
00573,
Dear Investor
This letter is to inform you that the wheels have come off of the proverbial wagon at ACME Systematic Leveraged Macro Momentum Fund LP, and that the same awesome thematic portfolio that made you feel (in the first half-year) as if you’d become very […]

No Comments » - Posted in Humor by Prieur du Plessis

Friday, August 15th, 2008

Third time lucky as interest rates pause

By Cees Bruggemans
The SARB again decided to keep interest rates unchanged in August, the third time it has now done so since it started its tightening cycle way back in mid-2006.
This time, though, we may have seen the peak of the interest rate cycle. The next move may be down, provided economic events continue to […]

No Comments » - Posted in South Africa by Prieur du Plessis