If ten percent or less of a given year’s graduating course take jobs in investment bank, investment management, trading, capital raising, private equity or leveraged buyouts, that is a long-term “buy” transmission. If 30 percent or even more take such careers, it’s a “sell.” This year, the signal doesn’t look good, with 37 percent of H.B.S. The article got actually been released in November 2006, in January 2007 but we were discussing it. The first sell-off in equity markets and then in credit markets started couple of weeks later, in August and really gained quickness.

So the indicator was a few months early, but it is very impressive. I recall my thoughts after i read it: that probably it was true, another couple of years and burst only then but that hopefully the bubble would continue for. Greed is exactly what keep bubbles growing: you know it can’t last, but if others had benefitted from the bubble, perhaps I possibly could have a bit more prior to the party was over also? Greed makes people get for overpriced possessions hoping they shall appreciate further.

• China’s debt and the shadow banking industry within the country
• High daily user rate as daily users in US and Canada still stand at a higher 185 million
• $500 for housing-related maintenance, property tax, etc
• How often should you go over your finances

But in the end everything ends the way it has to end. Probably this year the amounts will be right down to below 30% (although for the course of MBA2008 at least at London Business School we will certainly be more than 30% entering finance I really believe). Talking of bubbles, the united kingdom housing bubble is also bursting these weeks (finally!!). Today’s FT has a very insightful commentary on the UK overall economy. I am quite happy about the bursting casing bubble (everything else equal, obviously), as I am planning to move nearer to the financial district, the populous city, in a few months, and the rental prices are plummeting just.

2,700 within the last 3 weeks, but I am going to wait around another month or two and am fairly sure things will decrease – or DOWNTOWN! The fixed income class is very heavy stuff by the way, first-time I am doubting if interest rates are a good area to go in, it’s complicated! I’m a bit of the macro person I guess, I usually think – what difference would it make if the interest rates are 4.17% or 4.21%? Really, it is so removed from actuality. That’s certainly a good thing.

Since October as yet, I’ve actually been taking small nibbles on dips. If you believe Japanese residential REITs are a good asset class to purchase, it makes zero sense to get contact with that niche subsector through the J-REITs listed in Japan. Saizen REIT offers the identical asset class exposure, but it is less leveraged and generally is half the purchase price. Sure, it is “small” set alongside the giants listed in Japan, but I still think the same fundamental factors affect most of them as a whole together just about the same manner. I’m not just a professional, nevertheless, you don’t need to be one to witness a major accident happening in gradual motion.

I was just reading an article on ZH about Paul Singer, that includes a complete lot to do about financial manipulation. I have talked about the dangers of bonds as long-term investments, and just why this is particularly so in the case of Japan. You don’t have to be a genius to see what Japan is wanting to do.