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Well, firstly, it's the dynamics of the correlation that matter to me (i.e. what the correlation is likely to be given various scenarios)... Secondly, you're looking at it over too short of a horizon. I am hoping to hold it till the fat lady sings.

I am also long EURCHF at 1.51. This is one of my favorites and, in spite of also being long EUR, I think it's a different profile.

I am going long EURGBP here...

Hmmmm, I think I know more about him than you could ever hope to learn from wtaching a few Western documentaries... You think that it makes you an expert on the history of Soviet Russia? Let me ask you this... Have you ever been to the Soviet Union? And I don't just mean Moscow and St...

And you arrive at this conclusion by way of?

Macro Man http://macro-man.blogspot.com/

Here's some blurbage about Goldie's views: http://www.businessinsider.com/goldman-cash-on-the-sidelines-is-way-less-than-people-think-2009-10

Here's some more on the subject: http://www.ft.com/cms/s/0/27e90dea-c23b-11de-be3a-00144feab49a.html

This marginally interesting thread somehow managed to devolve into a discussion of modern politics. What silliness... The whole premise that you can take two historical figures and somehow objectively conclude that one was more evil than the other is ludicrous beyond belief. What are you...

It's a matter of strategy diversification. There have been some excellent comments to this effect from good people on other, more quantitatively oriented fora, such as Nuclear Phynance.

Amen to that... To me, it all very much depends on the behavior of central banks. There's already all sorts of politics playing out arnd the monetary stimulus exit. Good luck to us all.

I thought at least the first fund was mostly treasuries/IG corps? If that's the case, wouldn't you expect it to perform in an equity selloff, under normal circumstances? Obviously, I agree that current circumstances are far from normal... This year's performance in bonds and equities both has...

Well, if you assume 'standard' asset allocation type of behavior, bond funds should perform well when equities dump. Problem is, of course, that 'standard' correlations don't hold all the time. Specifically, this year has seen one of the longest periods during which both bonds and equities...

Einhorn and a bunch of other people certainly think so. These past few weeks there's been a lot of flow expressing this view through payers (mostly 5y5y). Now this trade makes sense if you're prepared to buy some cheap 'Japan blowup' options and write the premium off. However, from some...

You might find some useful pointers here: http://www.nuclearphynance.com/Show%20Post.aspx?PostIDKey=126787

Maybe, although I am somewhat in disagreement with you on the timing... I assume you have seen this commentary: http://www.bloomberg.co.uk/apps/news?pid=20601039&sid=ay_85DJSvpac

Google 'Taylor Rule'. You will find all sorts of literature...

I wouldn't necessarily agree with you on yen... While they are, in fact, much closer to the abyss, they have been that way for a long long time now. If anything, the 'incestuous' nature of the Japanese economy (e.g. home bias of the bond mkt investors), suggests that the big bang won't...

Looks like the mkt likes the trade, BLSH... Mostly it's ahead of record supply and on the back of the expected UST duration extension, but steepeners have been all the rage yesterday and today both.

Make sure you know your partner REALLY, REALLY well... Good luck!