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Anyone have his end of May release? Fascinated to see his performance.

Someone at JPM read this post. They are going to buy 200k ES contracts just to touch 961 and screw you.

http://omrpublic.iea.org/currentissues/full.pdf Looks like OPEC has been successful in finding a good balance of production against demand. Not sure how much I buy the inflation argument yet, considering gold has moved all of 8-10% while crude has moved 40% in very recent weeks...

Watching those clips today was fascinating. Yes, he touched on our anger towards those in power (who own, politick, and control the assets) ... but this is really not a new dilemma. This condition exists in perpetuity in most human societies. What it made me think of was something else---...

The Fed has bought back a lot less than that. They've bought some 500B of agency bonds and something like 150B or so of treasuries ... you can find out pretty easily by going to the Fed's site. http://accruedint.blogspot.com/2009/06/smackdown-week-now-consumers-are-all.html has some decent...

Government Bonds Japanese Government Bonds COUPON MATURITY DATE CURRENT PRICE/YIELD PRICE/YIELD CHANGE TIME 3-MONTH 0.000 09/07/2009 99.95 / .19 -0 / .003 22:00 6-MONTH 0.000 12/10/2009 99.9 / .19 -0.002 / .006 22:00 1-YEAR 0.700 05/15/2010 100.46 / .20 -0.019 / .017 22:00...

They can, but they choose not to, mainly because they can originate the loan and resell it to Fannie mae (conforming loans), thus not tying their capital up. They make their servicing spread on the mortgage, and take minimal mortgage risk this way. The agency market dictates the mortgage...

Hmmm.. pulling out my microecon.... If you cut minimum wage in half, you are not only allowing more workers to participate in the labor market, but you are potentially hurting all of the current crop of minimum wage workers, many of who now must take a lower wage. Current 'high wage'...

Make it worth your time and sell the 850/830 put bull call spread simultaneously with this. That way, you increase your award and keep your max risk the same (at the expense of slightly higher probability you are wrong). I don't trade SPX, but i'd imagine SPY options are much more liquid...

Raise rates? With mortgage rate stimulus (the most meaningful stimulus going on) being weakened (5.3% avg rate for 30 yr on bankrate) by the rush away from treasuries, I'd be surprised if the Fed didn't announce one last boost to money printing before this is over...

Even 10000% is a far cry from 231m% But I get your point... Inflation is broadly monetary, but supply/demand still plays with respect to individual markets as well.

Actually agreed. US has too much productive capacity, military power, etc. to turn into anything close to zimbabwe. But 100% inflation over a few year period is not out of the cards... That is just a price adjustment to compensate for changes in outstanding money supply (when velocity picks up).

http://www.federalreserve.gov/releases/h3/hist/h3hist1.txt monetary base not seasonally adjusted.

And this is the core of the precious metals bug argument. There really isn't that much out there.

20k out of 150m or so. No big whoop statistically.. :) Who came up with these green shoots? Suddenly the US is a nation of horticulturists.

Yes agreed. Everything in finance is self-reinforcing, though. Banks will lend once they have minimal underwater exposure on their assets, once commercial lending is back up (look to recent TALF revisions), etc. I think ultimately this chart shows that the BOJ was relatively impotent vs the...

Reference of Japan finally inspired me to do this. I gave it its own thread, but felt it might deserve a paste here (how's that for shameless self promotion) [Well was that really shameless? If I had no shame, I would not have disclaimed my shamelessness].

Let a chart speak a thousand words,although I put in a few myself just to help it speak.

great find on the seth mcfarlane.

The higher disposable income argument is of course stimulative - that is fiscal stimulus for you. On the same token, monetary stimulus discourages hoarding of cash and increases money velocity, increasing output. As well, it can be stimulative for exporters. So, it can be stimulative to...