ikkyu

Yen Carry Trade: Dire Threat or Poltergeist?

Wow, that is very fascinating and detailed information, Mr. Whitten. Thanks.

Can you tell on a daily basis when they are in action? Are they mainly buying u.s. treasuries?

I really appreciate your posts. they are the most valuable ones on japan.

Best wishes,
john

Yen Carry Trade: Dire Threat or Poltergeist?

So how much bread does the MOF/BOJ have to throw into such protective actions? With debt at 176% of GDP how much can the manipulators manipulate in your opinion? Their track record is not stellar, is it?

cheers from osaka,
john

Why is the Yen Carry Trade Unwinding?

This, as most post about yen carries, is pure conjecture. Maybe, commodities pulled back because of the "commodities carry trade". I can make more than a 4% spread by shorting gold. Also, why didn't you sell yen if you were so sure?

Talking about carry trading as "unwinding" also seems a joke. The reality is closer to mere mouse clics, which means that people will go in and out of it. We are probably closer to a good yen carry entry than anything else.

Alan Greenspan's Take on the Future

Very nice article. Thanks!
cheers from osaka,
john

Warren Buffett, Derivatives Speculator?

Hey my friend,

Buffett typically sells calls to pay for puts (i.e. collar). This is just about as conservative as any strategy gets! He has been invovled with derivatives for years and years( and that is not a bad thing).
Cheers from osaka,
john

Learning From Our Market Mistakes

Have you not read "the black swan" (2007) by Nicholas Taleb? your conclusions are nearly the same.

Cheers,
john

The Yuan That I Want

Check out Oanda.com their negative interest rates have actually attracted carry traders to the yuan as a short.

CIOs and REITs: What Were They Thinking?

Increase by 2010.... did you think they were going to just buy tommorow? Allocate and buy may be two different things. If i had a pension i would be happy about this.

Options Traders Paying Dearly For S&P 500 Puts

That piece is totally bogus. I looked at implieds the same day it was published and it was totally off. Uncle bill is right to be suspicious.

Is the Red Hot Korean ETF Still Cheap?

Very worthwhile analysis. Thank you!
Cheers from Osaka,
john

Investing Over 10 Years: Stocks vs. Bonds

Greetings,
I would be interested to see this analysis if bonds were leveraged to have approximately the same risk as stocks. Perhaps, that is more of an apples to apples comparison.

Good stuff.
Thanks.
john

Sell the U.S. Market Before October

Buy sterling??? What about England's real estate bubble? Have you noticed this massively inverted yeild curve?
www.bloomberg.com/mark...

Not exactly my idea of a safe haven, my friend....
john

Mispriced REITs: The St. Joe Company, Forest City Enterprises

Good stuff. Intriguing, except where the city goverment takes someones property and sells it for someone else's profit! What country is this????
cheers,
john

Respect The Fed's Knowledge On Economy

Nice piece. I think your points are well taken. I guess some wealth errosion through the U.S dollar is in part the sticking point. That is what causes people like Jim Rogers and Marc Faber to get upset. It is just we live in a global world and the fed is acting on national interests. If you are a global citizen, it is rather disturbing to have to avoid your own currency, because somebody somewhere (probably not Dr. ben) did something stupid. just my naive 2 yen's worth...
john

Equity REITs Still Significantly Overvalued

Good stuff, yet again!
cheers,
john