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    Global Macro Trading Journal

    Does anyone know the best way the retail man can bet on a yen collapse through derivatives?
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    Global Macro Trading Journal

    Today's move in the financials CDSs gives me the 2008 shills
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    Global Macro Trading Journal

    Just covered 50% of my HK stocks shorts at a decent profit. They have been beaten down a lot lately. Might be due for a bounce
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    Global Macro Trading Journal

    The Moody's warning reads as a death sentence, I think ZH is right. Avoiding a Lehman moment will take over as priority of unions or anything else, thats how the EU leaders have been behaving, I see no reason why they would change now They might do for the first time a EFSF bank recap, shares...
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    Global Macro Trading Journal

    Hilarious headline http://www.cnbc.com/id/44730146 Warren Buffett Buying Stock Bargains with U.S. Recession 'Very, Very Unlikely' Its going to be funny if down the line they find out US was already in recession since July
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    Global Macro Trading Journal

    Where he has written that a high trade deficit helps currencies?
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    Global Macro Trading Journal

    I'd just note that Soros is a big believer that tight monetary policy combined with loose fiscal policy is a recipe for a stronger currency. So to me, its not all clear that the Yuan would go down. Only if they go full QE or whatever I might join that camp
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    Global Macro Trading Journal

    So shame on the Chinese Central bank for not loosening money in a downturn and shame on the Fed for doing so :p
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    Global Macro Trading Journal

    Looks like Kindle Fire doesn't run a real Android but rather an amazon layer in Android so you can only install apps that Amazon 'approves', not good news
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    Global Macro Trading Journal

    The new amazon Kindle Fire looks really good for keeping up with news/manage trades while being in vacation or just out the office. It's has color(unlike the Nook and old Kindle), plus it has Android and the gazillions of apps that are avaliable for that OS I'm thinking of buying when it comes out
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    Global Macro Trading Journal

    I guess the very reason you like physical is the reason I don't like, the ability to sell. To me liquidity is very important, it lets me sleep at night
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    Global Macro Trading Journal

    I agree with this. One of my principles in life is 'never buy the cheapest product', yes sometimes you are starring at a bargain but the vast majority of time you are increasing your exposure to fat tails be it an intestinal infection in cheap food or electronic malfunction from in a cheap...
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    Global Macro Trading Journal

    Why physical?Just this month a bank in the most important business street in Brazil(The brazilian times square if you will, usually has plenty of cops walking around) had their safes open and the contents stolen. A couple lost a few millions in jewelry I don't wear tin foil so I believe my...
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    Global Macro Trading Journal

    This is not to say they won't lower rates but I hardly believe they will all of the sudden try to do a ZIRP followed by QE programs and the like. They will probably just cut rates here and there, RR but the bulk of their measures will be fiscal
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    Global Macro Trading Journal

    I have been thinking about something. I remember Chanos saying a Chinese collapse would lead to a decline in the Yuan. He doesn't trade currencies and it shows. I believe he is wrong, the yuan would only decline if the chinese interest rates would decline faster than inflation, GDP growth...
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    Global Macro Trading Journal

    http://www.businessweek.com/news/2011-09-27/hong-kong-s-tsang-sees-property-soft-landing-backs-peg.html Hong Kong Financial Secretary John Tsang predicted a “soft landing” for the real estate market and said the city will keep its currency peg to the U.S. dollar, blamed for helping drive...
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    Is the data from level2quotes.com accurate?

    They have free nyse and nasdaq data but I'm wondering if this stuff is accurate
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    Global Macro Trading Journal

    I agree with you. I'd just note that the reason they were right in 2010 didn't had much to do with their logic but with QE2 and the market reaction to it. And to my knowledge, they did not predict QE2
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    Global Macro Trading Journal

    The question to Buffett should be why he took so long to do this. His main excuse was that the announcement would bring the stock up canceling any value on the buyback. Sounds like nonsense to me. If he is correct this means BRK would never be undervalued again, cutting volatility from...
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    Global Macro Trading Journal

    After saying dozens of times he wouldn't buy back stock, Buffett announces he is buying back stock :p
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