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  1. K

    Letter from Paul Tudor Jones

    So Tudor Jones blames China for the unemployment and advocates a 30% revaluation of RMB, which would instantaneously slice Americans' wealth by a third. Ok, when you're done drinking Kool-aid, take a look at this interview which lays out real reasons for unemployment...
  2. K

    Inflation in UK

    it seems the contract expiring June 16 is trading at 99.25 so .25% higher than the bank rate with only a few days to go, shouldn't it be .5% at expiration? the next few month trade closer to 99, so almost .5% premium already
  3. K

    Inflation in UK

    well, I'm not as worried whether we 'really' have an inflation or if it's just an excuse, but when the bank of England and treasury tell you to watch out for higher rates you better pay heed. But my question to the forum is about specific instruments that track short term interest rates in England
  4. K

    Inflation in UK

    a series of news articles coming out of Uk regarding inflation fears, I guess a novice question, what product(s) are available to a US investor to make a play on Bank of England raising interest rates. I guess Sterling libor or Bank Base Rate, but where do they trade, under what symbols? How...
  5. K

    Short position in London company seized by government

    get something in writing (letter/email) from the broker stating they will not cover shares, this may prove invaluable in case of dispute
  6. K

    Tax issue

    basic question here, retail account (e.g IB) trades futures/options if loss, max 3k deduction/yr? if gain, eligible for 60/40 treatment? thanks
  7. K

    Bears getting raped and slaughtered!

    http://www.nakedcapitalism.com/2009/10/quelle-suprise-banking-profits-might-be-due-to-big-government-subisdies.html most investment professionals I know regard the latter phases of the stock market rally with great suspicion (too much end of day tape painting, too many heavy handed short...
  8. K

    Sincere Economic Question Regarding Expansion of the Monetary Base

    In a hyperinflationary economy, reporting of operating results and financial position in the local currency without restatement is not useful. Money loses purchasing power at such a rate that comparison of amounts from transactions and other events that have occurred at different times, even...
  9. K

    UNG.. i just puked out!!

    http://www.unitedstatesnaturalgasfund.com/ung_rolldates.html Roll Dates* September 14, 2009 through September 17, 2009 * Roll Dates are projected and subject to change without notice. Roll Dates are defined as the dates on which the Benchmark Futures Contract are expected to begin changing...
  10. K

    Why Gold has to go down...

    here's the video of Hendry I was refering too http://www.youtube.com/watch?v=TieSnPxbWKk
  11. K

    Why Gold has to go down...

    Some thoughtful people like Hugh Hendry, make an argument that gold is overhyped right now, and might correct or at least not do much in the short term. He is also very bearish on the economy, long treasuries, etc.. I think the example of the infomercial speaks more to the heightened interest...
  12. K

    Odd lot prints

    Can anyone recommend a quote provider or a broker that displays odd lot prints? IB says they don't receive odd-lot 'times and sales' from the exchange thanks
  13. K

    Don't Fear The Weaker Dollar -- It's Keeping The Economy Afloat

    agree, what you see (at least right now) is stagflation, dollar value of exports surging, no manufacturing miracle here, also, I think the 'second leg' of the dollar decline will come against China
  14. K

    Is this disputable??

    glancing at the article, it seems a little simplistic - for example, in 2004 roughly 2/3 of the US deficit was bought by Japan with money at 0 interest. Do a search for Bernanke's speech in Japan on interbank cooperation, particularly because it might be happening again. In addition the...
  15. K

    What are the Euro equivalents of Treasury Bonds?

    read an interview with jamie galbraith (son of the famous economist) he noted without european debt market Euro will not become a reserve currency and it seems unlikely they will agree on a common debt market any time soon. perhaps a comment on the currency strenth as well
  16. K

    Subprime crises "red herring"

    Ron, thanks for insights, looking at the baltics index it appears deval 'panic' Feb 15 didn't harm their stock market http://www.baltic.omxgroup.com/market/?pg=charts&idx_main%5B%5D=OMXBBGI at the same time, if he's buying depressed stocks in local currency his gains would be offset by...
  17. K

    Subprime crises "red herring"

    "The fallout from subprime investment declines in the U.S. has mostly been played out, Bennett said. He says he's undone most of his short bets on real estate and banks. ``It's a red herring,'' Bennett said. ``As we are all gazing at U.S. subprime, the problem is coming from behind our back...
  18. K

    ALL MAJOR USA investment banks...INSOLVENT RISK VERY HIGH

    I wonder if someone has GS / MER spread on and now putting out this info how mispriced they are. Roubini and huffington are good places to do it, both naive and give interviews to the mainstream press. Try to get some momentum convergence between these pairs. Who knows about the fundamentals...
  19. K

    so do we get a cut?

    also just like gold, the run on the treasuries reflects this desire to hold money which the market perceives as safer, the out of favor securitized debt is being proffered but nobody wants it anymore, so it stays on the books of financial institutions who are required to redeem it for cash, ex...
  20. K

    so do we get a cut?

    my guess for this highly unusual move the Fed wanted to give banks more money ie help financial sector not the broader economy. It says some big institutions are in trouble and it wouldn't suprise me if some big bank or a broker fails down the road and needs to be bailed out. I agree with the...
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