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from Photographers' Blog:

More than cojones

Pamplona, Spain

By Vincent West

“Have we vanquished an enemy? None but ourselves.”

- George Mallory, mountaineer.

“I think about my mother," says bullrunner Deirdre Carney.

"I don't think a lot of men think about that. It might be a woman thing… Women think about the loved ones that will be harmed by them being harmed.”

U.S. runner Deirdre Carney (R) talks to veteran runner Joe Distler following the seventh running of the bulls of the San Fermin festival in Pamplona July 13, 2014. The festival, a heady mix of drinking, dancing, late nights and bullfights, made famous by Ernest Hemingway in his novel "The Sun Also Rises", runs for nine days until July 14. Four runners were hospitalized following the run that lasted two minutes and fifty-two seconds, according to local media. REUTERS/Vincent West (SPAIN - Tags: SOCIETY ANIMALS SPORT ATHLETICS)

Carney is talking about her thoughts before running with the bulls at Pamplona’s famous San Fermin festival, where being harmed is a definite possibility.

An ambulance service personnel tends to an injured female runner after she fell next to Miura fighting bulls at the entrance of the bullring during the final running of the bulls at the San Fermin festival in Pamplona July 14, 2014. A bull gored two men after breaking away from the pack and chasing them through the streets of Pamplona in the closing run of the San Fermin festival on Monday. REUTERS/Eloy Alonso (SPAIN - Tags: SOCIETY ANIMALS)

Several people were hospitalised during the event this year, one after being badly gored in the thigh by the 600 kg (1,323 lb) Victoriano del Rio fighting bull "Brevito". 

A runner (partially obscured on L), is gored in the right thigh by the 600kg Victoriano del Rio fighting bull "Brevito" during the third running of the bulls at the San Fermin festival in Pamplona July 9, 2014. This runner was identified by the website sanfermin.com as Bill Hillman, co-author with John Hemingway, of the book "How to Survive the Running of the Bulls". The 32-year-old American, from Chicago, was gored in the thigh, a doctor told Spanish state television. REUTERS/Eloy Alonso (SPAIN - Tags: SOCIETY ANIMALS TPX IMAGES OF THE DAY)

Fourteen people have died over the course of the last century at San Fermin and it is commonplace for runners to be hurt by being trampled, gored or crushed.

from Photographers' Blog:

Who said farming can’t be fun?

Hohenzell, Austria

By Leonhard Foeger

“Sure, you can come and take pictures. We don't have any secrets here and you will have a very special view of the sex life of breeding bulls nowadays,” Josef Miesenberger, head of the artificial insemination station in Hohenzell, told me on the phone when I asked to shoot a story about cattle breeding in Austria.

One might imagine cattle breeding involves green grass, some trees, and a cow and bull coming together in their natural world doing what they have done to procreate since the dawn of time.
But when I arrived at the insemination center near the village of Hohenzell at six in the morning I saw a farmhouse-like building with huge barns and a laboratory inside.

from Global Investing:

Yuan risks uniting bulls and bears?

Is the outlook for China's yuan uniting the biggest global markets bulls and bears? Well, kind of.

As China posts its biggest trade deficit (yes, that's a deficit) of the new millennium and its monetary authorities flag greater "flexibility" of the yuan exchange rate (the PBOC engineered the US$/yuan's second biggest daily drop on record on Monday), the chances of an internationally-controversial weakening of yuan in a U.S. election year have risen.  A weaker yuan would clearly up the ante in the global currency war, coming as it does amid Japan's successful weakening of its yen this year and as Brazil on Monday felt emboldened enough in its battle to counter G7 devaluations by extending a tax curbing foreign inflows.  And, arguably, it could bring the whole conflagration around full circle, where currency weakening in the BRICs and other emerging economies blunts one of the desired effects of money-printing and super-lax monetary policy in the G7 -- merely encouraging even more printing and so on.

from Funds Hub:

Staying long

The mammoth rally we had in Q2 may be starting to falter -- the FTSE 100 is now below 4,200, having hit 4,500 last month -- but Octopus's David Crawford is sticking with a 60 percent net long position.

rtx9m6rCrawford made part of his Absolute Return Ucits III fund's 71.1 percent return (since launch last March) by shorting stocks in 2008 and by going net long four months ago.

from Funds Hub:

Odey’s Barclays boost

There's nothing like backing up your stock market calls with a nice healthy profit, and Crispin Odey has done just that, revealing a 27.74 percent return in April from his European fund.

rtr23livHaving last month said the rally in equities could turn into a new bull market and having recently tucked away a few banks into his portfolio (after last year making money shorting banks), Odey has profited from the astonishing recovery over the past two months in Barclays shares, which alone accounted for nearly half the fund's return last month.

from Funds Hub:

Saving Hendry? Thanks but no thanks, says Hugh

rtr1z9ud1It was always unlikely that a letter of advice was going to change the mind of maverick hedge fund manager Hugh Hendry.

 

And in his latest letter to investors, Hendry has smartly rebuffed any attempt to 'save' him from his bond investments.

from Funds Hub:

Light at the end of the tunnel?

rtxb5afThere's no shortage of bad news in the financial world at the moment.

But one top hedge fund manager believes that equities could soon be heading for a very sharp rally.

Cazenove's Neil Pegrum -- whose fund made 9.4 percent last year while markets were plummeting -- believes UK equities could soon be enjoying a "March 2003" rally.

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