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Also, on the BOJ front, it appears to me that the influence of Bernanke there is growing more and more evident. The ceiling on bond yields is something Bernanke directly recommended on his famous 2002 deflation article "A more direct method, which I personally prefer, would be for the Fed to...

" In today's new normal, the costs to the economy of greater-than-expected strength in demand are likely to be lower than the costs of significant unexpected weakness. In the case of unexpected strength, we have well-tried and tested tools and ample policy space in which to react. Moreover...

Brainard: "The four features just discussed that define the new normal make it likely that we will continue to grapple with a fifth new reality for some time: the ability of monetary policy to respond to shocks is asymmetric. With policy rates near the zero lower bound and likely to return...

http://business.financialpost.com/investing/investing-pro/david-rosenberg-hawkish-dovish-or-a-bit-of-both Good points by Rosie

Feds cant prove he said he wasn't going to act on the info he was given. They are just witch hunting like on the Cuban trial

Good article that explains what is going on https://www.bloomberg.com/view/articles/2016-09-21/one-cooperman-thought-another-s-trades-were-pretty-fishy Sounds like this suit will go nowhere

What are some principles/ideas/concepts that you learned from the book "The 4 Hour Workweek" that you were able to apply to your trading career?

No hike, gold and miners going bonkers

I would imagine its because the presence of the NYSE specialist tends to bias the opening print towards the side the benefits them. So if you go against the imbalance (the side the NYSE specialist is on), you tend to gain an edge of a few cents per share per trade

Tim Duy and Jan Hatzius are 2 pretty good FOMC watchers. Here is Tim Duy http://www.bloomberg.com/news/articles/2016-09-19/what-do-we-need-to-give-the-fed-s-hawks-more-room-to-fly

Expect no hike and a hawkish statement. How the markets will react to this is lot more difficult to figure out

Looks like he truly wanted to unload but didnt like the price http://fortune.com/carl-icahn-bill-ackman-feud/

This Bridgetwater note shows the folly of the folks who think hiking is good for the economy, stocks and everything will be wonderful. They are looking the the rear view mirror when the US was not delevering. What they did were was to look for other periods and countries where there was...

"Normally, a mistake in monetary policy is not that big a deal because it can be reversed," the note said. "The risk now is higher than normal because a tightening mistake is harder to reverse today when the ability to ease is more limited."

http://www.businessinsider.com/bridgewater-thinks-raising-interest-rates-could-crush-everything-2016-9 More specifically, the average rate hike during a deleveraging "caused, over the next two years, a 16% drawdown in equities, a 2% increase in economic slack and a 1% fall in inflation."

One potential benefit of using DITM calls: it helps non-US citizens that are subject to 30% withholding on dividends to pay less when the stock/ETF is a big yielder If the stock yields 6%, buying it outright will only deliver 4.2% in yield (due 30% tax). But if you buy DITM calls, the...

Weird bond, I guess the government counts of most people planning their finances poorly have having to cash out before the maturity? http://blogs.wsj.com/moneybeat/2016/09/16/uncle-sam-pays-almost-twice-the-yield-on-treasurys-if-you-know-where-to-look/ Seems pretty dumb to invest in this, if...

What about the possibility of exercising the calls (early) and selling the stock, in case you change your mind?

does that include dividends? for the S&P500

This inflation report was really awful Still dont think they hike but to stick around for 2.5bps while risking 20 seems a little risky