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  1. R

    Global Macro Trading Journal

    Didn't Bernanke leak to Hilsenrath last night that something's coming at the June meeting? http://online.wsj.com/article/SB10001424052702303918204577448802287653684.html?mod=WSJ_hps_LEFTTopStories Fed can just ease the terms of its dollar swap lines. No need to wait for FOMC for that.
  2. R

    Global Macro Trading Journal

    While I thank you for the brevity of your post, you surely realize that this refers to the Husssman-like conversations on this thread about what "the market" is going to be doing over the next decade, and not the day-to-day wiggles. Was it Julian Robertson who said "What do I buy, what do I...
  3. R

    Global Macro Trading Journal

    Right! Some folks on this thread are obsessed with "the market" though. Talking about "the market" is a lot of fun when hanging with the crew and all discussion about the Phillies has run down, but does little to make anyone any money.
  4. R

    Global Macro Trading Journal

    Dividend growers vs. the S&P 500 ... not a fair fight. http://seekingalpha.com/article/634901-40-dividend-champions-vs-the-s-p-500-30-year-backtest?source=yahoo
  5. R

    Global Macro Trading Journal

    Noise about dropping the CHF 1.20 floor ... http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http://www.20min.ch/finance/dossier/frankenboom/story/11560140
  6. R

    Global Macro Trading Journal

    Swiss rates are negative out to 4 years ...
  7. R

    Global Macro Trading Journal

    http://georgedorgan.livejournal.com/10650.html I don't know who this guy is, but I remember (in another blog he used to write) some time ago getting a tasty and profitable tidbit from him. He basically writes a blog devoted to the franc and the SNB.
  8. R

    Global Macro Trading Journal

    Rumor the SNB is going to do something tonight. One possibility is to take pressure off by lowering the floor to CHF 1.10. Hard to believe they would give up that easily.
  9. R

    Global Macro Trading Journal

    Netflix? :confused: http://www.google.com/finance?chdnp=0&chdd=1&chds=1&chdv=1&chvs=Logarithmic&chdeh=0&chfdeh=0&chdet=1338408000000&chddm=40273&chls=IntervalBasedLine&q=NASDAQ:NFLX&ntsp=0...
  10. R

    Global Macro Trading Journal

    Ha, love it! Again, I had no idea people pay so much attention. As for being a bond bear, voicing an opinion is far different than holding a position, and I have none. I do own a number of companies, paying me far more than the 10-year Treasury yield on my money. I'll take the higher yield...
  11. R

    Global Macro Trading Journal

    Negative yield on German paper doesn't mean a lot. Embedded in their value is a call option on redenomination. Paulson is short Bunds (hope he's still not taking investing advice from Greenspan).
  12. R

    Global Macro Trading Journal

    Greece may not even make it to the June 17 elections. Spain is in full-scale economic implosion and financial panic. Stubborness and politics are the only things preventing a massive ECB response at this time. My guess is the ECB (and, let's face it, the Fed) don't want to help out with...
  13. R

    Global Macro Trading Journal

    Yes, it's called an election campaign. In other news, ND has overtaken Syriza in the latest poll.
  14. R

    Global Macro Trading Journal

    It looks like nothing more than a rumor (Swiss tax). Sounds like someone just wanted to make a few quick bucks.
  15. R

    Global Macro Trading Journal

    If the Swiss take action and the ECB takes action as rumor has it they will, this pair is going to CHF 1.25.
  16. R

    Global Macro Trading Journal

    EURCHF just popped to 1.2026. Sweet, but it's gotta be a fat finger.:)
  17. R

    Global Macro Trading Journal

    http://pragcap.com/think-like-a-chess-player?utm_source=twitterfeed&utm_medium=twitter
  18. R

    Global Macro Trading Journal

    DELL ... Tilsoned
  19. R

    Global Macro Trading Journal

    I generally don't watch TV shows and wouldn't recognize one prime time offering if it was right in front of my face. I did look for The Wire though, and it wasn't available. The movie selection had nothing, mostly a bunch of B-level, straight to video crap.
  20. R

    Global Macro Trading Journal

    NFLX fully Tilsoned. Red on the year. Considering "Whit" doubled down on the shares somewhere around $80-90, he's managed to lose a lot more on the play than if he just bought and took a vacation. I'll add as an aside that we tried the Netflix streaming service and it's worthless. We have...
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