We should allow citizens to declare bankruptcy on private for-profit school loans arrears. And for schools whose credits are not transferable and were under State and Federal consumer complaint and ethics investigations I don’t think that for those instances that loan amount default should...
You contradict yourself completely in two successive posts. You’d have us believe that the US forces other Sovereign Countries to deal in Dollars at the threat of military force - and then you describe bilateral trade without Dollars. And in 2019 there is no petrodollar cabal.
“The power of...
How on this earth do you trade Forex and claim profitability - but get “scared” and shaken out of a ZN trade? :banghead::wtf::vomit:
That concept has me perplexed.
The damage that was done in December 2018 didn’t have any follow through. Any legitimate sell signals generated in December 18 were reversed in Jan 19. Commercial paper is chasing yield and their averaged price is considerably lower than current valuations - they’ve been at it since 2009 or so.
Name ONE OTC Swap contract or regulated futures contract trading anywhere in the world WITH SEGMENT LEADING VOLUME that isn’t denominated in US Dollars. The Brent ICE contract, the Singapore distillates contracts, the DME Oman contract... Crickets...
You can’t. There’s a reason for that and...
You can make a case for ANY scenario using Technical Analysis.
Fact of the matter is that Commercials have been using every correction since 2009 to accumulate long equity positions at average prices considerably cheaper than current valuations. It’s what they do. They collect 401K and...
If the market is going to reverse into a legit sustained Bear trend (versus “momentary”) we’ll need to see a string of subpar earnings reports. (In addition to the price action).
Most big money managers are still overweight stocks - they’ve averaged in since 2009 and it will take more than a...
No, I know plenty of traders who trade the basis spread using BrokerTec or Cantor Fitzgerald for the Treasuries. TT has had the market on X-Trader for over 15 years now.
Platinum on Comex is such a trash contract to trade. Wide, thin, and impossible to get out without freakish slippage... There's a great deal of automated market making and as soon as you bid or offer they flee like roaches away from you.
And yet we are banging out fresh highs in the equity markets. In the early throes of a full blown trade war with China. Inverted Yield Curve. Multi year highs in Gold. And Iranian shenanigans.
And yet we are banging out fresh highs in the equity markets. In the early throes of a full blown trade war with China. Inverted Yield Curve. Multi year highs in Gold. And Iranian shenanigans.
Basis traders (and they are freaking huge in the market) could really care less, since they are spreading OTR or OffTR Cash versus futures versus Overnight Repo Rate. The cash flows are trash, but be that as it may...
Yep - I recall that Japan went for at least a decade (this is recollection off the top of my head) with negative interest rates.
And the ECB and the BOJ have already signaled the markets that a rate cut is in the offing.
Yeah, I mean Japan had negative interest rates for a very long period of time - over a decade as I recall. And the ECB and the BOJ are openly signaling upcoming rate cuts. It's weird to me (negative rates) and counter-intuitive - but there are commercial investors (insurance companies and many...
If the trade war devolves into a string of missed earnings you are indeed correct that it would usher in a Bear market. I find it telling that we are making new highs in the early throes of a full on trade war with China. Companies with heavy Chinese exposure are making very public...
$13 Trillion in Government Sovereign Debt is trading at negative interest rates according to Bloomberg. As a side note, no central bank will sell you a negative interest bearing instrument - they are purchased on the secondary dealer market.