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    The Credit Crisis Financial Stocks Short Journal

    "Voting for the FOMC monetary policy action were: James Bullard;" :p :D :cool:
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    Kudos to MMs

    Dude, once again you make the mistake of using your theories to create a prediction on fed policy. All the Fed cares about is core inflation(both core CPI and core PCE), employment and inflation expectations, you get these right and you know what they will do. As it currently stands there is...
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    The Credit Crisis Financial Stocks Short Journal

    This is hilarious http://www.bloomberg.com/apps/news?pid=20601087&sid=a0QPKWbZEtvQ&pos=8 Tiger is back, will play the masters. Just a few weeks after saying he might not play for the whole year. But I dont think fading him here is a money maker as it used to be
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    Kudos to MMs

    It might not be false from a technical linguistic point of view but it is from a practical view. Its not just Hoenig, Bullard too and a number of others http://www.bloomberg.com/apps/news?pid=20601068&sid=aFU6r1vdqIb8 The market is interpreting the statement as no hikes, so is a number of...
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    Kudos to MMs

    You might want to listen to Hoenig interview with Steve Liesman last week or so. The most hawkish member of the fed, explictly said that statement was removing the fed's flexibility in hiking rates, which is why he is dissenting and wants it out You might want to re-read Bernanke's deflation...
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    The Credit Crisis Financial Stocks Short Journal

    Interestly enough even though FF has been going up, libor has not been affected a ton. As a result libor-OIS is at record lows, this seems quite unsustainable http://www.bloomberg.com/apps/cbuilder?ticker1=.LOIS3%3AIND
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    Kudos to MMs

    7% of chance the fed hike rates while they promise 0% rates for 6 months more?The actual change is more like 1% or lower
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    The Credit Crisis Financial Stocks Short Journal

    The 3M bill yield has been going straight up for 1 month. I'm sure some of this is the result of SFP issuance http://www.bloomberg.com/apps/cbuilder?ticker1=USGG3M%3AIND
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    The Credit Crisis Financial Stocks Short Journal

    Is there some kind of press release on this?
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    The Credit Crisis Financial Stocks Short Journal

    This seems to be happening for technical reasons and not for the bloomberg theory that traders are betting the fed will move The revival of the SFP is creating tons of UST bills, which has raised their yields along with all short-term rates that are equivalent in nature as ways to park...
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    The Credit Crisis Financial Stocks Short Journal

    EFF 0.20% yesterday
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    The Credit Crisis Financial Stocks Short Journal

    1. Those workers will be fired as soon as their job is done(I believe this year). They will net out to zero 2. Growth in final sales is still weak(1.9%). GDP netted out of inventory changes 3. Thats possible There is a large pool workers out of the labor just waiting for a better labor...
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    The Credit Crisis Financial Stocks Short Journal

    Back in Jun 2008 during the commodity boom some measures of IE got quite out of line(in particular the Uni of Michigan survey), yet the fed though the financial crisis was more important and kept easy money in. The hike forecasters are not only betting that inflation expectations will go up...
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    The Credit Crisis Financial Stocks Short Journal

    It would be a surprise to see a surprise in today's FOMC statement http://www.bloomberg.com/apps/news?pid=20601087&sid=azf48OQdJvyw&pos=2 "“If you think the unemployment rate is going to be above 9 percent and inflation around 1 percent at the end of this year, I don’t think you should...
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    Market/limit On Close IB orders

    Is there any way to do this?
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    The Credit Crisis Financial Stocks Short Journal

    Fed's quick fact of the day The Fed's Interest on Reserves are set by the Board of Governors(not the FOMC), thats Bernanke, Yellen and Co http://www.federalreserve.gov/monetarypolicy/reqresbalances.htm
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    Money multiplier may be ramping up

    There is a difference between liquid reserves(excess and required) and reserves against losses
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    The Credit Crisis Financial Stocks Short Journal

    Front end tanking a bit here, if it doesnt go anywhere till the NFP then drops on the mother of all NFPs I might very well increase my size there significantly. This could turn out to be the opportunity of the year, specially if it looks like libor-OIS will not blow out
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    The Credit Crisis Financial Stocks Short Journal

    In all fairness the fact that the Fed is moving from 2day policy meetings to 1day is definetly hawkish http://www.cnbc.com/id/35820216
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    The Credit Crisis Financial Stocks Short Journal

    "Even with my moderate growth forecast, the economy will be operating well below its potential for several years," Yellen said on Feb. 22. "If it were possible to take interest rates into negative territory I would be voting for that." :p :D :cool:
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