At the recent World Economic Forum in Davos, Goldman Sachs Chief Operating Officer (COO) Gary Cohn suggested that many investors and banks might not be prepared for what he called a “significant repricing” in bond markets.  What he means by “significant repricing” is that bond yields may spike higher and bond prices fall dramatically.  His… Read more

Gracie University is the online division of the Gracie Academy.  The Gracie Academy based in Torrance, California is the U.S. home of the Gracie style of Brazilian Ju-Jitsu.  Gracie University is run by the two eldest grandsons of Helio Gracie, the founder of the Gracie style.  The Gracie name is very well known in martial… Read more

Last month JP Morgan released the report of a task force set up to explore the huge trading losses suffered last year in its CIO group.  The facts, in brief, appear to be as follows: CIO stands for Chief Investment Officer, and the original purpose of the CIO group was to manage JPM’s liquid asset… Read more