Search results

Who's everyone? I ain't screaming, I have yet to see the mkt price meaningful inflation and, judging by the DXY, the rumors of dollar debasement have been greatly exaggerated. In fact, surprise surprise, a few pundits are now suggesting that USD is likely to be one of the strongest ccies in...

Sure, no worries. I think the article talks about these issues in detail anyways, as do many other sources.

Er, the Fed has just returned $78.4bn they made to the treasury, so I am not entirely sure who's walking away where. I know what the point is, sire... I am simply looking to correct a false statement. And, for God's sake, it's Britney Spears, not Paris Hilton!

Isn't this like the 20th thread started by the OP about mkts being manipulated? What was that famous quote of Einstein's about stupidity?

This is incorrect... The Fed always pays interest on excess reserves the banks hold in their accounts, regardless of what the economy is doing.

Doesn't the article explain it rather clearly?

Yes, it's def all rigged by the aliens (the extra-terrestrial type, that is).

Yeah, I think what I am trying to say is that, in general, all these options mkts are fairly priced, such that systematic selling of vol doesn't produce meaningful excess returns. That is, the notion of "tameness" is well priced by the participants in most modern mkts over large periods. I...

I don't see how you can make such sweeping generalizations and decide that some mkts are good for being selling vol, while others are not so good. Surely, that has to depend on what price the mkt bids vol at, which varies a lot. All else being equal, what you're suggesting by saying that...

It would be beyond foolhardy to offer such detailed information to a large group of investors, given how easily these things get leaked. I would imagine such details are available to investors that want to have access to them for due diligence purposes. My guess is that it's also protected by...

Well, I don't see what's so onerous about the thing that the French have done, for example. Pretty much it's just a way of raising the retirement age, while avoiding the strikes.

Boooo-hoooo-hooooo :)!

Sorry, I went on vacation before responding, but I see that Fetus has been discussing the same issue...

clarodina, you're trying to demonstrate the effect in a very confusing manner... Can you just give all the specific details, i.e. strike K, current spot S, etc? Or are you simply saying that delta of an ATM put is not equal to the delta of an ATM call, both not equal to 1/2? If the latter...

Well, my friend, has anyone told you that patience is a virtue (sorry, I am sure that's glib)? So don't get your knickers in a twist and bear with me pls, OK?

Same here... I would be happy to discuss, especially with people who strongly disagree. It's one of the few ways to avoid getting married to a position/view. Gimme a few pls and I'll be back.

DUH! Sorry, I just saw that your first link was to Macroblog, rather than Cleveland Fed.

No need for drama... In 2009 I did a lot of digging into the state of affairs in Japan and there was an excellent presentation from an economist I used to talk to quite a lot. Very comprehensive and detailed. I am trying to locate it.

Yes, I am going to dig up the exact references and compile them into smth readable. You're grasping at straws here, m8. Aren't we talking about Japan here? I have tried to trade the "emerging inflation" thesis in Japan in recent years, and not once. Talk about getting your ass handed to you...

You subscribe to this, Daal? http://macroblog.typepad.com/macroblog/