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What about providing some evidence for this?Just keep in mind that YOU are the you trying to go into a brave new world saying a central bank just coming out of a banking crisis and STILL in a credit crunch needs to increase real interest rates Plus ignoring the fact the inflation keeps going...

The Fed cannot control the supply and demand for crude oil

As far as puts go, I'm looking at the May 2010 99.50 put, it costs 0.02bps to hit the ask(bid 0.005), large spread but it seems like a good idea to pick up some cheap insurance if I start to get worried. I will keep this one in mind

I dont know. Sounds crazy but I got 15% of my networth on those calls already(originally it wasnt that much, its because its mostly profit), I should probably trimm down my position instead of adding. If they were ZQ calls I could make the case of adding and going Soros on them but I dont have a...

If he read this journal he would have been long ZQ instead. Its funny that he was the guy that I originally got the idea of going dove due the view of a weak US economy. I expressed the trade via NLY stock(in 2007/early 2008), got hurt there when FNM and FRE went into trouble(NLY dived). Then I...

Thats interesting given that he was a 'go dove on dislocation guy'. Did he blew up being long eurodollars when the libor-OIS went to the sky?

Well, apparently the 2nd edition of the Inside of the House there are some updates and a chapter on the crisis

Grant vs Rosenberg http://www.grantspub.com/about/jim.cfm

Drobny does it again(non-affiliated link) http://www.amazon.com/Invisible-Hands-Hedge-Record-Rethinking/dp/047060753X/ref=sr_1_1?ie=UTF8&s=books&qid=1270461007&sr=1-1 Does anyone has a list of the guys in it?Apparently there are sme folks from the last book. Cant wait to see how they did...

Dont be shocked if your relative "surprinsly" turns out to be guilty of money laundering or drug trafficking

I heard Moscow just got nuked by terrorists

I'm waiting till I'm sure libor has stopped going up(its at short-term highs now). Also I'm curious how a big NFP number will affect all the Fed speeches

The rumor is that the Fed board raises the discount rate in April 5. This could easily not happen. In http://www.federalreserve.gov/boarddocs/meetings/2010/20100222/expedited.htm but specially on Mar 15 and 16 they had that type of meeting...

Great piece by contrary investor http://www.contraryinvestor.com/mo.htm They raise the serious possibility the Fed will have to embark on QE 2.0, Greenlaw is yet to explain why in the world the fed will raise rates during a private sector credit crunch

Bill Dudley speech has lots of kind words and justifications for 'extended period'. Looks like there will be at least one more meeting with that, making the first hike possible in Nov 2-3 at the earliest. That shouldn't prevent Greenlaw from reaching all time highs in his confidence(along with...

Inflation is 5% and the central bank is hawkish in terms of the needed level of real interest rates

The CME one might be quasi-real time(15min delayed), thats useful for us traders without bloomberg terminals

"CME Group is developing a new "FedWatch" tool that will allow you to quickly calculate the market's expectations of actions by the Fed at future FOMC meetings, based on Fed Funds futures daily settlement prices. Watch for more information on the availability of this tool soon."

The IRS is out of control

Chuck Prince is set to testify before congress along with Greenspan and Rubin. I hope someone will be brave enough to ask him to get up and dance during the hearing