Search results

Well, there are of course bad consequences to negative interest rates and if left to persist it will hurt an economy [especially banks and financial institutions because they still depend mightily on customer savings accounts].

I am quite familiar with the MRCI data - but to understand and appreciate the lead-lag relationship you need to have the actual order books up side-by-side. The MRCI daily close correlations are an excellent screener to choose which order books to observe :thumbsup:

Look at the Dollar Index long term - past five years. That’s what happens when the US is raising rates and the rest of the world is either cutting rates into negative territory - or in the case of China just outright using a Government Currency Desk to peg the Yuan to the Dollar. And btw - the...

Your OP thesis carries much greater risk than one bigger position in a singular instrument because you haven’t hedged highly positive correlations and because of the substantial execution slippage involved in covering several positions in lieu of a single position. You’re Delta directional to...

Central Banks are now openly in the Dollar Peg business by aggressively cutting rates AHEAD of the USFed. Powell and the Fed are being forced into a negative interest rate scenario because the ECB is already there. Draghi has made it clear that he wants to continue cutting further into negative...

Central Banks are now openly in the Dollar Peg business by aggressively cutting rates AHEAD of the USFed. Powell and the Fed are being forced into a negative interest rate scenario because the ECB is already there. Draghi has made it clear that he wants to continue cutting further into negative...

https://www.wsj.com/articles/mainland-chinese-sneak-into-hong-kongs-proteststo-support-the-cause-11566986403 Wall Street Journal HONG KONG—On June 16, a 24-year-old female graduate student with the family name Chen donned a black T-shirt, grabbed a surgical mask in case she needed to hide her...

I hope the OP does NOT open up the legs when he chooses to exit the position. Get out of it simultaneously. Letting legs run is ruinous.

You're all over the place with your posts and it's just confusing the OP.

I'm sure that Gillette's parent company, Proctor&Gamble, is thrilled: Gary Coombe called the loss of revenue from those customers a "price worth paying" in a July 29 interview with Marketing Week. For $6B - Proctor & Gamble could have purchased Harry's Shave Club and Dollar Shave Club outright...

I'm not so sure about that figure. At least it doesn't jive with my experience.

The traders that I've seen make real FU money didn't add to losing positions - but they pressed the living shit out of winners. Added to positions marking up. Cannonballed winners.

Which is why IF you're profitable over a protracted period of time - you don't change for the sake of changing. One of the more frustrating aspects of my consulting business is dealing with clients who decide to get cute and sabotage themselves.

Which is why the CEO's actions and comments are so perplexing to me. Shaving isn't specific to a demographic. Nike's customers lean heavy to a couple demographics. Gillette is a stellar consumer products brand with a legacy that dates back to 1900 - why would you gamble with that using a...

So anyone who found Gillette's adverts to be preachy and inauthentic in your mind has negative masculine behaviors? That's a stretch...

I'm fascinated that a Consumer Products CEO would think that taking a strong, stellar brand and betting it's reputation on a risky social activism marketing campaign was a good idea. You don't have to be some sort of "ubermasculine" asshole to find an advert to be preachy and inauthentic.

Obviously the "ubermasculine" buy a helluva lot of razors and shaving cream. That $5.24B loss left quite an impression.

Losing $5.24B is what gets the Board Executive Search Committee going. Making unilateral unforced errors gets your ass fired.

My guess is that the Gillette Board of Directors had a conniption.