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  • Federal Reserve Exit Watch: Number 3 [View article]
    Good stuff ... watch what they do, not what they say.
    Dec 19, 2014. 09:58 AM | Likes Like |Link to Comment
  • U.S. Shale Is In Big Trouble [View article]
    On those derivatives, just remember that only transfers the risk to some other party. Someone will get stuck with a bunch of futures contracts to pay for a commodity at $100/barrel that is only worth $60 - it could be a bank or hedge fund that declares bankruptcy before you can collect.
    Dec 1, 2014. 11:11 AM | 3 Likes Like |Link to Comment
  • Putin readies aid for Rosneft as $21B of debt looms [View news story]
    If reliance on state handouts "turns off" investors, please explain to me the current stock prices of Bank of America, General Motors and AIG.
    Nov 17, 2014. 02:36 PM | 5 Likes Like |Link to Comment
  • Even If Oil Has Not, Energy Stocks May Have Bottomed [View article]
    I would think not having a position in the stocks you are making a call on would give you more, not less credibility.

    Too many book-talkers are around here. And falling in love with your position is another trap.
    Nov 14, 2014. 04:36 PM | 2 Likes Like |Link to Comment
  • The Next Big Short Strategy: Rise And Fall Of Fixed Income ETFs [View article]
    Well its certainly a contrarian strategy, as the current market is pricing in at best one or two rate hikes by December 2016 (two year note is yielding .52%)

    There is a nasty surprise in store for some bond ETF holders at some point over the next few years, it's the timing that is the problem and as Luciom points out there is no evidence to support any kind of hawkish Fed notions (jawboning doesn't count only actions do.)

    In fact I read somewhere that the Fed board will become more dovish in January.
    Nov 3, 2014. 01:43 PM | Likes Like |Link to Comment
  • Why The Correction Didn't Become A Crash [View article]
    I think we have to see QE actually fail, i.e. sink the Yen so low that hyperinflation starts to develop, before any of these markets rediscover the term "risk."

    That could take 1-2 years to develop.
    Oct 31, 2014. 08:18 AM | 4 Likes Like |Link to Comment
  • QE ends, "considerable time" language stays for now [View news story]
    Plosser is gone after the next Fed meeting, and the committee will become more dovish.
    Oct 29, 2014. 04:27 PM | Likes Like |Link to Comment
  • Time To Hedge Your Bond Bets? [View article]
    "... hedging their bond exposures, especially if principal preservation is a primary investment objective"

    It's impossible to lose principal if you hold to maturity.
    Oct 28, 2014. 04:04 PM | Likes Like |Link to Comment
  • Fannie Mae: John Carney's Massachusetts Decision Supports The Shareholders [View article]
    Since FNMA has no earnings, and you can't divide by zero, I guess you're right then.
    Oct 28, 2014. 10:27 AM | Likes Like |Link to Comment
  • Fannie Mae: John Carney's Massachusetts Decision Supports The Shareholders [View article]
    This has become a cult stock, and there is a lot of Kool-Aid being passed around.
    Oct 23, 2014. 12:55 PM | Likes Like |Link to Comment
  • Rally underway on central bank hopes [View news story]
    Ah a good toke on the hopium pipe ... always good for a rally in stocks and a dump in gold.
    Oct 17, 2014. 09:28 AM | 1 Like Like |Link to Comment
  • What The Plunge In U.S. Treasury Yields Means For The Next 10 Years [View article]
    I'm just curious if any of this analysis takes into account another recession between now and 2022. If it doesn't then I am highly skeptical. There has never been a 11 year period without a recession since WWII, and that would be 13 years by 2022.

    The further out in time you go the more uncertainty.
    Oct 17, 2014. 08:44 AM | 1 Like Like |Link to Comment
  • Bullard suggests delaying end to QE [View news story]
    The market will call them on this ... jawboning only goes so far.
    Oct 16, 2014. 11:14 AM | 1 Like Like |Link to Comment
  • Bullard suggests delaying end to QE [View news story]
    Talking at cross purposes, contradicting themselves within the same speech/interview ... somebody yank these clowns off the stage they've been given.
    Oct 16, 2014. 10:57 AM | 7 Likes Like |Link to Comment
  • Goldman: Every client asking about the same four things [View news story]
    MOAR QE hinted at ... Oh shut your stinking pie hole Bulltard!!
    Oct 16, 2014. 10:29 AM | Likes Like |Link to Comment