Search results

Huh? When did I ever say that there's no problem?

Hahahaha, you're a funny guy... Anyways, Zhirinovsky is a clown. He says outrageous, silly things. That's just what he does.

This is probably a major concern, I imagine: http://www.reuters.com/article/2011/03/15/japan-quake-controlroom-idUSTFD00669220110315

Because treasuries trade that way...

The deflation argument that achilles made doesn't sit all that well with me. Firstly, it disregards the carry aspect. Secondly, it only makes sense if one assumes that credit growth is ultimately non-productive. Thirdly, there's the all-important question of horizons. If we're talking about...

This question has been asked a lot... Interbank spot FX mkt is the one that's dominant. Compared to its liquidity, futures are nothing. Moreover, futures are, by definition, a derivative contract with spot as the underlying.

Right, so the idea that the containment vessels have been breached is your conclusion, based on your "analysis"? And it's not being reported by the mainstream media because they're all trying to hide things from us?

How do you figure that? The article just says that the coolant is gone, but doesn't say anything about the containment vessel. Last I heard the vessels at all three reactors were still intact.

It's just because I think there's an older thread here where I have done just that, Ed... I was too lazy to repeat myself, is all. Certainly didn't mean it to come out all high-falutin' like. BTW, benwm, the other story making the rounds and being blamed for the strength of the yen is the...

Not sure what you mean, sire...

I wanna be called Zeus as well...

That's called equity. Point is that, if I am a lender, I want to lend in one of two ways: a) extremely riskily and uncertainly, but with upside related to the expectation of the project's performance; or b) safely and conservatively, where I have a claim on the project's assets in case I...

Interest IS, in fact, return on investment and is the same thing that you're describing as "profit returns. Just think about a little and it will all become clear, I am sure...

While this may very well be true, it's a bit more complicated, IMHO...

If I took a punt on every strong view I had, my friend, I would be broke by now. It's not just a function of my conviction, but a few other things. As to armchair trading, I do all right for myself, so mustn't grumble.

Nah, not long outright JGBs here. Not long JPY either. I def expect a big rally on Monday, but I wouldn't hazard a guess as to what happens next. And yes, I heard about the shortened MPM.

Sure, I can understand that. I am more interested in its behaviour on a rally, I guess. I can imagine this correlation has some "skewness".

I don't see JPY losing value any time soon. Mrs Watanabe's flows matter more now and in the medium term, IMHO.

I presume you're suggesting this (I mean the fly bit) due to the directionality of index vol, atticus? If so, out of idle curiosity, would you say it's still a meaningful relationship, given the outright level of vol?

Well, in my experience, pinning the strike (which is what you're trying to do) isn't as easy a game as you think it is. The mkt won't normally pay you more for the fly than you paid for (esp taking bid/offer into account) when/if you get near the middle strike. It will only happen closer to...