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    The Credit Crisis Financial Stocks Short Journal

    WSJ, CNBC and NYTimes all confirm Yellen as the WH choice so its not a rumor almost a done deal. Buy your wheelbarrels at amazon.com with free shipping
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    The Credit Crisis Financial Stocks Short Journal

    Yellen said to be top choice for fed vice-chairman choice http://www.bloomberg.com/apps/news?pid=20601068&sid=aKyXWYGlO.SA Front not moving on this but to me its quite big, it would mean a dovish chairman and a very dovish vice chair. As some ex-FOMC voters say 'its hard to vote against the...
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    Money multiplier may be ramping up

    Instead of looking at required reserves and make conclusions about the deposit base, might as well look at the deposit base. M2 growth in the past 3 months was 0.5% at seasonally adjusted annual rates http://federalreserve.gov/releases/h6/Current/ The required reserves component is...
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    The Credit Crisis Financial Stocks Short Journal

    Just bought a small position on GGP at $14.5, a stock I almost bought last year at $2(damn). Bill Ackman case on the stock makes sense and the $15 bid for the company puts some kind of floor while I wait for a higher bid or its post bk valuation to reach the industry level
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    The Credit Crisis Financial Stocks Short Journal

    An interesting fact "More than 40 per cent of global GDP now resides in jurisdictions (overwhelmingly in the advanced economies) running fiscal deficits of 10 per cent of GDP or more. For much of the past 30 years, this fluctuated in the 0-5 per cent range and was dominated by emerging...
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    The Credit Crisis Financial Stocks Short Journal

    So it appears the movies will now have a futures market based on box office results http://www.nytimes.com/2010/03/11/business/media/11futures.html?ref=global That sounds fun but honestly I dont have a clue how one would go about predicting these things. I find tennis sports betting...
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    The Credit Crisis Financial Stocks Short Journal

    The bloomberg 'extended period' article might hold some hawkish implications but at least it sends the Greenlaw theory of 'hikes with the statement in' to the garbage can http://www.bloomberg.com/apps/news?pid=20601068&sid=aFU6r1vdqIb8 "The Federal Reserve’s pledge to keep interest rates...
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    The Credit Crisis Financial Stocks Short Journal

    From dailyspeculations Stefan Jovanovich: "The gentleman from Omaha has an easy standard of comparison. If you apply the average tax rate of the S&P companies to Berkshire's past 20 years' earnings, the company's book value drops by roughly 1/3rd. Never mind being a specialist in a bull...
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    The Credit Crisis Financial Stocks Short Journal

    The fact that he is not a big fan doesnt mean he wouldn't vote for it, and I mean this seriously. These guys love to talk all kinds of nonsense when they are out of the FOMC rotation, as soon as they sit down they are back to sanity. Bullard doesnt seem to be about to dissent any time soon
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    The Credit Crisis Financial Stocks Short Journal

    "So, at the time of maximum policy stimulus (second-half of 2009), final sales were growing only at a pathetic 1.8 percent average rate," Roubini explained. http://www.cnbc.com/id/35792768
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    The Credit Crisis Financial Stocks Short Journal

    Some quick facts Another reason I might want to stay out of ZQ for a while "Jan Hatzius, chief U.S. economist at Goldman Sachs Group Inc. in New York, said in a March 6 e-mail to customers that he anticipates payrolls this month will climb by about 275,000. About 50,000 of that represents...
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    The Credit Crisis Financial Stocks Short Journal

    The goverment seems to want to restrict short selling in stocks they have a stake on(C, FNM, FRE, AIG), they soared today
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    Best Country for Trading (Tax efficiency)

    As far as I know its tough to get Iran wires through the Swift wire system
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    The Credit Crisis Financial Stocks Short Journal

    There are talks of Janet Yellen taking over the Fed vice-chairman role, I believe she is one of the big contenders -For one, she is a big dove, like wheelbarrel style dove -For two, she is a woman, so the White House can come out and say she is the first female Fed vice-chair(I believe) and...
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    The Credit Crisis Financial Stocks Short Journal

    Effective Fed Funds 0.17% for friday, just released. I have no interest in purchasing ZQ without more info on whats the ceiling. I'm betting its around 0.20% on average but I'm not certain
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    The Credit Crisis Financial Stocks Short Journal

    The guy is a big hawk, they just dont flat out say it like this but you can bet that the fact he doenst say 'extended period' is a bad idea or that 0% is too low, speaks volumes about his views
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    The Credit Crisis Financial Stocks Short Journal

    Volcker supports 0% rates http://www.bloomberg.com/apps/news?pid=20601068&sid=avVlHkbPxJ1s
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    The Credit Crisis Financial Stocks Short Journal

    Stock seems to have done a delayed collapse after the management change announcement. I believe the stock collapses hard within 12 months as it seems the government is serious and management is scared, we will see if this is correct
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    She turned $180 into $7 million!

    I wonder how she received the dividends, mail?
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    The Credit Crisis Financial Stocks Short Journal

    In theory the ceiling in the fed funds is the discount rate at 0.75% but I dont believe the NYFed desk would allow the ff go above 0.25%, which is a possibility if t-bills were to continue to crash. They would be authorized to buy USTs and they could effectively engineer a t-bill shortage by...
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