Recent Blog Posts
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The Year in Research
Dec 31 20089:13 am EDT -
Mind Your Value Judgements
Dec 19 20087:52 pm EDT -
S.E.C. Short-Sale Ban: Pretty Much Useless
Dec 19 20083:45 pm EDT -
Advice from Japan: Don't Forget TARP 1
Dec 19 20082:31 pm EDT -
Chart of the Day: Money Market Stress Easing
Dec 18 20088:57 pm EDT -
House Price Bubble Deflated?
Dec 18 20085:57 pm EDT -
Where Were the Whistleblowers?
Dec 16 200811:03 pm EDT -
It's Just a Recession
Dec 13 200810:20 pm EDT -
Comparing American and European Unemployment Insurance
Dec 12 20087:46 pm EDT -
Back to Normal?
Dec 11 20084:33 pm EDT
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Chart of the Day: Castro Out, Money In
Trading volume into the Herzfeld Caribbean Basin Fund, "which aims to profit from the resumption of U.S. trade with Cuba," is up a whopping 215 times since this morning's announcement that Fidel Castro will end his 49-year reign as the country's leader. Shares in the fund have zoomed 20 percent on the day.
(Source)
Thomas Herzfeld, who runs the Basin Fund, also has filed S.E.C. documents for a Cuba-only fund once relations with U.S. are normalized.
And a bonus chart: The "Castro Will Return to Power in Cuba" contract from NewsFutures.
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