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I once suggested we do this to my former boss... He did laugh at me, I distinctly remember.

Surely this is a bit too easy to be an interview question... In fact, how can it even be a question?

I am too busy selling strangles to be rolling on the floor...

To be fair, I don't think that we should overestimate this hawkishness, as these are the sentiments of a particular group. Moreover, we did know well in advance that the Yellen FOMC was going to be more hawkish in terms of its composition. As such I don't think these minutes are that...

The last thing the Chinese govt or the PBOC want to do now is lower rates. They are attempting to prevent the economy from overheating and curb the shadow banking system. Lowering rates would definitely not help and will probably hinder the process, if anything.

The answer to your question is that it's a result of a few things: 1) UK is a much smaller and much more open economy than the US, which makes UK inflation more sensitive to exchange rates and other non-domestic factors. 2) UK implemented VAT hikes after the crisis and this has kept inflation...

There ain't no open interest on them silver options that far out... If I had to guess, that's probably why your broker doesn't offer it.

Well, they were pretty honest with me... The answer to some of the questions was that there's no protection (other than the actual deposit) and that I am fundamentally running the counterparty risk. If I were unhappy with it, they told me that I could take my business elsewhere. TBH, my view...

If I am not mistaken, the answer to all of the above is "it depends". It's all in the fine print in the customer agreement that frames the relationship between yourself and your broker. I explicitly asked my broker to provide me answers to the questions like yours above in writing.

Huh? How does this make any sense whatsoever?

That's certainly a possibility. Alternatively, it's possible that you don't know what you're talking about and are very confused. You should consider both possibilities carefully.

USDJPY carry trade doesn't move the S&P. There's a correlation (assumed or otherwise) between the two, because both are proxies for risk appetite.

I didn't mean I am not a Fed defender. Like I have said many times, I am, in fact, a defender of the Fed, but that doesn't prevent me from being critical of some of the Fed's policies.

The persistent recent weakness of the "unstable" EM currencies in question on a trade-weighted basis is political and structural. The repricing of the USD/EM exchange rates here and now is natural. And, IIRC, I was never a Fed defender who said anything about the ease of winding down QE or the...

Nah, the EM ccies vs USD exchange rates are just experiencing a natural repricing, as is risk more generally. I am really confused... I thought you're in favor of the Fed winding down QE in order to stop the distortions that they've been causing in the mkt?

No, I don't know better, and no, I don't know who "all the analysts" might be... I do agree that, to an extent, everything that's been happening in EM over the past year has been precipitated by the inevitable tightening by the Western CBs, however gentle and gradual. However, I am also 100%...

Hmmm, I was under the impression that TRY and ZAR issues are all about domestic politics rather than the tapering...

Well, you are not me and you know nothing about the subject. If I were you, I'd hesitate before volunteering opinions formed of ignorance. How does this make any sense? If everyone starts using email and stops sending letters/postcards (as they have), what are you gonna do with your "method"?

My question was mostly rhetorical, actually...

It's a very common thing to look at, so nothing too revolutionary. In FX, like I might have mentioned previously, stuff like 25D RR, which is a similar concept, is everywhere.