Search results

Ok. Sell more on every other rally. :D

ECB assets as of Dec. 23 now foot to €2.733T, that's a 36% gain so far this year and about 13% increase in just the last month (155% annualized). The ECB is printing and printing a lot. Ben Bernanke lies in bed at night dreaming about papering the U.S. with this kind of cash. Continue to sell...

So many meetings, so little achieved. European Union leaders have held no fewer than fifteen summits since the Greek crisis first blew up in 2010. There have been five grand plans and many more incremental proposals. Heads of seven eurozone governments have changed as a direct result of the debt...

http://www.ft.com/intl/cms/s/3/57470028-2cca-11e1-b485-00144feabdc0.html#axzz1hje2IwAq

I've been thinking about how many times we've seen the headline ... "successful Italian (or substitute your favorite PIIGS) bond auction," this year ... yet here we are. In other words, one would do best to either completely ignore or fade like hell the above story. What one should not do is...

In other words, about the same as America's finest ... http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1324674000000&chddm=459425&chls=IntervalBasedLine&q=NYSE:C&ntsp=0

Also, as relevant as Gundlach's perspective is, I would point out his and our investment objectives are not aligned. Gundlach has a bogey to meet, maybe every quarter, at least every year. If he gets caught in an asset class that declines while his competitors are out of it, he will underperform...

Stop being such a bitter douchebag. Me and a lot of other folks 14 year investment in NLY literally changed our lives (for the richer). As I mentioned here, I sold out of all my NLY a few months ago (wouldn't be surprised if me and Big Jeff sold :cool: at the same time) because of 3 reasons...

Again, bureaucrats will argue over semantics. The ECB has been and today continues to expand its balance sheet (i.e., expanded the supply of euros) far beyond what is necessary to keep its overnight lending rate at 1%. Call it whatever you like.

The ECB balance sheet BEFORE today's LTRO I believe the raw numbers point to a balance sheet increasing by an 83% annualized rate over the past 3 months, and now we can add today to that. Brussels can call it what they like, but QE is underway in Europe. What it means for stocks I...

The ECB just expanded its balance sheet by 20% this morning. Anybody who isn't selling every rally in the euro just isn't paying attention.

Anyone who has had the chance to shake the hand and share a drink with the strikingly beautiful girl who hooks investors for John Paulson has the answer to the question at the beginning of this thread.

Short China trade about to get crowded ... http://www.ft.com/intl/cms/s/0/517d6668-2a4b-11e1-b7f2-00144feabdc0.html#axzz1gtI4TULf

In honor of the funniest twitter stream out there and the about as close a thing as you'll get to a free Bloomberg terminal combining with Bank of America's latest print ... :p

https://twitter.com/#!/ReformedBroker/status/148778644611940354 :D :p

Great read on China ... http://www.bloomberg.com/news/2011-12-18/china-debts-dwarf-official-data-with-too-big-to-complete-alarms.html "Treadmill to hell," indeed.

Simon Hunt on copper. Not the first time he's been bearish, but it makes one ask himself why he would ever cover his AUD short. http://ftalphaville.ft.com/blog/2011/12/16/803681/a-heretical-glimpse-into-the-ghost-of-copper-future/

I'm just another white man trying to keep my dick wet.

Out of EUR and AUD shorts, likely for the remainder of the year (will remain long some March FXA puts, might pick up some FXE puts if I get the urge). Nice run on both, but 400 pips on the EUR short in a couple of weeks is especially satisfying seeing how Paul Tudor Jones advised I was...

I say this as a confirmed heterosexual, but he's a handsome dude (and obviously has some dollars).