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  1. M

    Best Santelli Rant in a while..

    Let's be accurate here, shall we? At no point during our conversation, do I recall making a statement that QE1, 2 and Twist worked. I said that I believed that they were warranted by the economic backdrop, which is a bit different. [B] I have given you things that have, in fact, improved...
  2. M

    Best Santelli Rant in a while..

    I am trying to suggest something definitive that you would be happy with. The goal here is for the TWO OF US together to come up with a set of variables that we feel would settle the "dispute". 1-9. Agreed. 10. Yes, because I like articles that tell me about where stuff is going, rather...
  3. M

    Best Santelli Rant in a while..

    Huh? Where the heck did that come from? What about my questions that still haven't responded to? Have you missed them in all the discussions?
  4. M

    Best Santelli Rant in a while..

    I am open to all ideas... I am not looking to create a bet myself. I am looking for us to create a mutually satisfactory one that we're all happy with. I mean the simplest way would be just a bet on interest rates by some particular date. Alternatively, we can choose home sales, nominal or...
  5. M

    Best Santelli Rant in a while..

    Right, sure thing... We can have lengthy macro discussion about the various bits and pieces that are, undoubtedly, pointing in various directions. However, we're unlikely to convince each other of the merits of our arguments. So, given we're all traders here, why don't we settle this like...
  6. M

    Best Santelli Rant in a while..

    I really don't understand you sometimes, TT, honestly... Firstly, why on Earth are you so sensitive to a conversation I have with someone else? Did I say anything specific to insult you in my humorous exchange with Ricter? I don't think so. Secondly, what do you mean "throw my hat in...
  7. M

    Best Santelli Rant in a while..

    Indeed... I bow my head in shame. I keep foolishly forgetting this and you keep reminding me.
  8. M

    Best Santelli Rant in a while..

    Howz about I redirect you at a nice blog post that sums things up nicely? As you know, I am a big fan of Calculated Risk, so here's something that Bill McBride published at the beginning of this year: http://www.calculatedriskblog.com/2013/01/the-futures-so-bright.html Generally, there's...
  9. M

    Best Santelli Rant in a while..

    I would be happy to respond to this, Maverick... However, I am getting a distinct feeling that this Q & A session is getting rather one-sided. I have asked you a couple of questions now and you have not responded. I am feeling a little neglected here.
  10. M

    Best Santelli Rant in a while..

    Operation Twist is not going any more. It was superseded by the outright purchases of USTs at the Dec 2012 FOMC meeting. I do believe that the economy has improved since the end of QE2, yes. I think it's become increasingly apparent in 2013. I think the improvement has been pretty...
  11. M

    Best Santelli Rant in a while..

    No, I don't support it the current version of QE by the Fed (QE3). I don't think I ever believed that QE3 was a good idea. I did support the previous iterations of QE, since I thought they were warranted by the macroeconomic backdrop.
  12. M

    Best Santelli Rant in a while..

    You don't have to, if you don't want to. I am pretty sure that my attitude regarding the Fed and its policies has been consistent. Specifically, I have always defended the institution and the framework. As to specific policies and decisions, I am pretty sure I have at times agreed and...
  13. M

    Best Santelli Rant in a while..

    It's very simple and I am rather surprised that you can't imagine such a thing... I am a defender of the institution and the concept. I think it's superior to any alternative that I can think of. However, that doesn't imply that I am always in agreement with all the policies, decisions and...
  14. M

    Best Santelli Rant in a while..

    Must be smth lost in translation then... And yes, I am a massive fan of British humor myself. Like I said, my complaint about Rick is the same complaint that applies to most talking heads on TV (as you pointed out). To paraphrase Elvis, "a little less conversation, a little more action"...
  15. M

    Best Santelli Rant in a while..

    Well, there you go again being all condescending, Maverick... I have no idea what I was doing well at and what points you're gonna take off me. But, just so we're clear and on the same page, I am not a schoolboy, so I am not really sure why you feel the need to express approval (or lack...
  16. M

    Best Santelli Rant in a while..

    Good point... "You're either with us or against us" sorta phenomenon. I am unfortunately too old for this whole black/white thing. All I see these days are shades of gray (and yes, let the puns begin).
  17. M

    Best Santelli Rant in a while..

    My defense of QE? Where on Earth did you get the idea that I am a fan of QE (specifically, QE3) and/or eager to defend it?
  18. M

    Best Santelli Rant in a while..

    So be it, Maverick. Or as the French say it, such is c'est la vie. Like I told TT, our discussion was useful for me and that's good enough in my book. [B] As to the joys of live TV, anyone who frames the discussion of risk using terms like "pussy" etc is just a waste of time.
  19. M

    Best Santelli Rant in a while..

    Right, do you want me to respond to this, TT? It's an entirely different discussion, obviously. Well, maybe not entirely, as it has something to do with one of my earlier post, directed at Maverick, where I asked a question. I fear it might have been left behind.
  20. M

    Best Santelli Rant in a while..

    Yes, indeed... As I have been saying all along (I think), I am just expressing my personal preferences. You may choose to disagree (as you and Maverick have) and we can have a discussion (as we had), at the end of which we have agreed that our respective preferences are as they are. I don't...
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