Global Macro Trading Journal

[m22au]

Quote from Martinghoul:

Meltdown time! Eurocalypse is upon us right here!

and again this morning with further rises in Spain and Italy bond yields

 

[gmst]

SNB intervention ???

 

[Butterball]

SNB rate cut.

 

[Debaser82]

A nice article on fiscal transfers within the US.

http://www.economist.com/node/21524887

 

[ralph00]

Corzine being floated to replace Geithner? If this happens, it's proof that BO is the most clueless President ever or that he takes orders. I suspect a bit of both.

 

[ralph00]

Quote from m22au:

and again this morning with further rises in Spain and Italy bond yields

Here's an etf for you . It's a 2X long gold/short S&P fund. Up 44% in a month.

http://www.google.com/finance?q=fsg&hl=en

 

[m22au]

Quote from ralph00:

Here's an etf for you . It's a 2X long gold/short S&P fund. Up 44% in a month.

http://www.google.com/finance?q=fsg&hl=en

thanks for that Ralph.

However I'd prefer to create the positions myself - especially if I can look for alpha by shorting airlines instead of S&P 500. (today's massive airline bounce from the lows notwithstanding)

 

[Daal]

Kocherlakota is speaking, I'm sure he will remark how '50bps of hikes by year end are still possible'

 

[Debaser82]

These same idiotic currency interventions over and over again that blow out of steam 3 hours into the day....



Such bullshit....

If they want the CHF to drop send every Swiss a 10K cheque.

It it doesnt helps send him a 100K cheque.

That aught to knock of a few percentages on the forex markets.

 

[ralph00]

They were just trying to create a bounce in the euro to allow banks to unload even more.