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  1. mervyn

    Private University Bonds

    i benchmark every fixed income trade with comparable t, rarely in the cds, bought 1-m cd twice this year, in jan and apr, slightly above the t because the svb funding scare. 6 months is too long for me, holding cash to buy major dips in the index. alternative you can play around zt and zn, 125...
  2. mervyn

    Private University Bonds

    generally no, at best it is exempt from state tax but doubtful.
  3. mervyn

    Trading with +$3M in funding

    zt and zn are probabaly on the move, but i trade my own money.
  4. mervyn

    Private University Bonds

    And don’t rush into education sector bonds, it’s a wash. https://www.bloomberg.com/news/articles/2023-08-02/ny-college-liquidation-reveals-depth-of-higher-ed-distress?srnd=premium Like scores of smaller, less-prestigious schools before it, plummeting enrollment pushed Cazenovia to the point...
  5. mervyn

    Another Big Chinese Property Domino Is Wobbling

    Never heard of this company. Anyway, it seems San Francisco market street shops and offices are all deserted, free fall is an understatement.
  6. mervyn

    China's Dire Outlook

    NYC DMV wins. Ever since they installed tens of thousands of speeding cameras, and set a street speed limit 25, I have been paying them probably 1 ticket every 2 months, driving at night all you see is camera flashing. check out nyc union square “riot” yesterday, mobile level 4, 1000 cops vs...
  7. mervyn

    USA credit downgrade.

    just got a news item that treasury refused to redeem Japanese 282 billion holdings matured on 7/28, not sure about which currency, or whether it is fake news, or maybe Japanese got no choice but roll into other notes, stay tuned next week.
  8. mervyn

    Which way? China

    After that, China and Russian are going to build a moon base, sure they will leapfrog NASA anytime soon.
  9. mervyn

    China's Dire Outlook

    every empire has an expiration date. they had probably few hundred times, while we are upon 250 years, more like the British in its prime. i’d worry about the domestic discourse more.
  10. mervyn

    Ken Griffin’s $63 million Chicago condo selloff is not going well

    only been into walmart less than 5 times in my life, it is a zoo.
  11. mervyn

    Private University Bonds

    no, because their esteemed alum in finance sector MUST buy them.
  12. mervyn

    Private University Bonds

    very good school. you know these are corporate bonds, right? harvard reglarly issues 30 years. mit has 100 years bond, 575718AF8, 500m, due 2116, they are not liquid.
  13. mervyn

    Bye bye ASML & TSMC! China now makes its own lithography machines

    population doesn’t matter, there are smart folks and average folks, c’est la vie. if all the smart folks have to wait for the rest, nothing would’ve happened in civilization.
  14. mervyn

    Shorting Treasury Bonds

    as expected, closed at ‘223, but still holding the first 3 lot, easy 1.3k, let’s see next week.
  15. mervyn

    amd earning play after hour tonight....

    an overbearing lady, aren’t you?
  16. mervyn

    Military coup in oil and uranium ore rich Niger...

    they are building hospitals, roads and bridges at the moment, the asking is coming.
  17. mervyn

    amd earning play after hour tonight....

    check my fixed income trade, bought and sold 2 zt, $250 betting the yield down.
  18. mervyn

    Bye bye ASML & TSMC! China now makes its own lithography machines

    My last Intel cpu was a i3 in a Dell mini pc. Other PCs are all AMD chips.
  19. mervyn

    Bye bye ASML & TSMC! China now makes its own lithography machines

    Intel can't make anything beyound 10nm. Its Meteor Lake 5nm is manufactured by TSMC. Have you read the NYT article? We don't have enough engineers to work in TSMC AZ facility, and protest "foreign" technicians to fill the gap. What a big ego of the union...
  20. mervyn

    Bye bye ASML & TSMC! China now makes its own lithography machines

    I think so long it is not alien technology, it can be done. It seems only we are the only one boasting about UFOs. If there are UFOs, they are not only going to talk to the Americans, LOL...
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