
Julian Coca
@jcocasimon
Working in Asset management as co-manager of Alinea Global Fund. Equity specialist
ID: 203515251
http://www.equityeuropa.com 16-10-2010 13:10:44
662 Tweet
202 Followers
193 Following


Waiting for the official acea and European Central Bank WDSA data, but June car sales in Europe show signs of recovery. Data adjusted for working days: Germany +9.4%; France +1.2%; Italy +2.8%; Spain -2.3%. After yesterday's sales in the US and waiting for China. Sentiment change in the sector?


RT Five Minute Macro: We used to buy bonds primarily for their yield, then we were buying them for capital appreciation, and now we’re buying them for their convexity. When you see rationales for an asset start shifting like this, that’s the time to be unusually cautious.


