SCM Client Note: S&P Downgrade, Monday Market Action

I tend to agree with this update from Art. The global equity sell off seems beyond anything related to the S&P downgrade and more likely China and commodity related. Note the recent fall in the $A for example. There’s a new post on our site discussing the terrible performance of Asian stock markets this morning, […]

Commodities, China and 2012

From Art Patten, Symmetry Capital Management, LLC A brief overview of our current thinking on the financial market and economic outlook—please see important disclosures at the bottom of this email: Yesterday’s rally provided a reprieve from strong selling pressures, but was low-conviction judging by trading volumes and bond market behavior. I suspect it will prove […]