Blog Posts on pimco

Like Kissing the Heavens (Post-Race Thoughts on Nature’s Trail Discovery Run) by RunningFreeManila.com on May 27, 2012I woke up as early as 1:30am to join the runners from Pinoy Fitness (thank you so much!) going to Brgy. San Andres, Tanay, Rizal for PIMCO‘s first of its series of trail runs with Nature’s Trail Discovery Run as it’s kick-off event.

Idiots and “normals” by FOO Law and Economics on Sep 28, 2010I thought the “new normal” was just a PR gimmick.  At one level it justifies how supposedly smart folks didn’t call the 2007-08 crisis, so that now it is ok to do some Monday morning QBing to say, ok, the world changed after 2008.

Investment advice by FOO Law and Economics on Aug 11, 2010from economists is cheap.  Most of the time they are wrong, very wrong.  PIMCO wants inflation (I think so that bond yields will rise, which means PIMCO is short bonds). The question of the day is:  With bond yields at all time lows, what do you d...

Chinese New Year special – Where is the U.S. dollar going? by FOO Law and Economics on Feb 16, 2010Back in August 2009, I thought that Buffett and PIMCO set up a herd play to weaken the U.S. dollar.  And they succeeded, though only for a short while. With the benefit of hindsight, it seems reasonable to say that the “dollar weakness” tale of...

Chinese New Year special – where is the U.S. dollar going? by FOO Law and Economics on Feb 16, 2010Back in August 2009, I thought that Buffett and PIMCO put in a herd play to weaken the U.S. dollar.  And they succeeded, though only for a short while. With the benefit of hindsight, it seems reasonable to say that the “dollar weakness” tale of...

Guess who’s buying the IMF’s gold, and whither the price of gold? by FOO Law and Economics on Nov 10, 2009Gold has lately become an almost-bubble asset.  Recently it has reached new highs, and the easy but half-baked explanation is that it’s because the U.S. dollar is weak. Gold bugs have some reason both to be afraid and comforted.  The IMF has...

IMF wisdom, or how Aristotle came to predict a W-shaped global recovery by FOO Law and Economics on Nov 6, 2009Sometimes I just have to wonder about macroeconomics and macroeconomists, the latter being aplenty in Washington, DC where the IMF has its main office. In effect, Anoop Singh is saying that the global recovery is not yet there.  But it’s an Ei...

Why it pays to be BIG – the tales of Buffett and PIMCO by FOO Law and Economics on Aug 19, 2009Financial markets feature a phenomenon called “herding.”  This is when investors mimic each other.  Perhaps this is so because when times are bad, misery loves company.  And when times are good, they can party. The phenomenon upends one of the...

Why it pays to be BIG – (this is not about Tom Hanks’ movie) by FOO Law and Economics on Aug 19, 2009Financial markets feature a phenomenon called “herding.”  This is when investors mimic each other.  Perhaps this is so because when times are bad, misery loves company.  And when times are good, they can party. The phenomenon upends one of the...