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What pressure on the SNB? As far as I know, the only guy who's on the warpath is Christoph Blocher, who's a bit of a right-wing nutter. His bark is generally a lot worse than his bite and, if I am not mistaken, he's not taken altogether seriously in Switzerland. Moreover, I think that for...

+100

Well, I am saying that the story is using the wrong terminology. You can't really claim something is hidden if a) the data is public; b) lots of people interpret the data every which way. The discussion of TARGET2 imbalances is sort of a mainstream thing in Germany at the moment, with...

I am, but, regrettably, I persist in my skeptical views.

Erm, you're a bit late to this party, senor... This TARGET2 discussion has been going on for nearly a year now. And no, it's not a bottleneck, not a delay and it ain't hiding anything. How can it be hiding smth if this is information that's widely available and regularly published on a...

You're certainly entitled to your view, AAA, however unsubstantiated and unsupported it might be by actual evidence. To be sure, there are some things that you say that I agree with.

That assertion is falsified by a whole variety of factual evidence. [B] It's not about liberals or conservatives. CRA can be seen as part of a larger problem, but, yet again, there's all sorts of evidence that pretty much disproves that the issues had a lot to do with CRA. I also would...

Well, I haven't looked at the second article, but there's a whole lot of meaningful, insightful commentary out there (Andy Haldane, Simon Johnson and Michael Simkovic are my favorites). Calomiris's interview, sadly, is too political to be of any use to anyone who's seriously interested in...

I am not a defender of Dodd-Frank by any means. However, this interview contains a number of glaring problems that have been addressed a number of times. Calomiris has some interesting and meaningful things to say, but some of what he says is just disingenous and untrue. Specifically, the...

Yeah... All hail the Riksbank!

Yep, this is indeed the case... Trend following ≈ long options Mean reversion ≈ short options

Long EURCHF, long OTM put spread for protection (if you feel like it). Best expression is still to do it w/ccy other than EUR, IMHO, such as CHFSEK.

I agree w/John Hempton (as usual)... Falcone was trying to exploit a loophole and it didn't work out. He gambled and lost. http://brontecapital.blogspot.co.uk/2012/02/lightsquared-some-comments.html

But there's also all sorts of other things in nature, such as, for example, infanticide and all sorts of cannibalism. In fact, I'd say there's all sorts of natural norms out there we humans might find somewhat unpleasant. So how do you objectively separate the "good" natural norms from the...

Dude, I am as relaxed as can be... I am also just f*ckin' w/you, if I could put it gently like that.

Is that what passes for witty repartee in your neck of the woods? Seriously, there's no need to further demonstrate that you've made up your mind. It's all neither here nor there, as far as I'm concerned.

Well, you know what they say about everything looking like a nail, when all you have is a hammer? Obviously, to you, everything I say looks like a defense of the Fed/ECB. That's a pre-conceived notion of yours and there's not much I can (or want) to do to disabuse you of it. So, and you can...

Sarkozy has screwed it up for himself a bit, so a Hollande victory looks increasingly likely. What it actually means and how much of Hollande's wild campaign rhetoric is just empty promises is unclear.

Oh, good god... Mish is really hunting arnd, far and wide, to find crap like this.

The OP is referring to the IMM forward, aka the EURCHF futures, I presume.