Global Macro Trading Journal

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I see these as negotiation tactics, not socialism, or mental illness
 
But of course, it pays to LOOK crazy when you say this, that way the other side thinks they got no choice but to pull back. Usually the crazier you look, the better price you can get
 
Brazil Senate President is now refusing to obey the Judge temporary order. He got a number of other members of the Senate leadership (including the Senate vice-president) to back a document that says he will be president, until the entire court votes on the matter and he is allowed to present his side. His argument actually makes some sense, but still, defying a court order, only in Brazil.
 
Daal said:
Brazil Senate President is now refusing to obey the Judge temporary order. He got a number of other members of the Senate leadership (including the Senate vice-president) to back a document that says he will be president, until the entire court votes on the matter and he is allowed to present his side. His argument actually makes some sense, but still, defying a court order, only in Brazil.
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Brazil doesnt use the Common Law system but I wonder what would happen if this occured in the US. What if the US Senate decided to say a court order was null because of xyz? Doesnt that create a presdecent and therefore, new law?
 
Daal said:
Brazil doesnt use the Common Law system but I wonder what would happen if this occured in the US. What if the US Senate decided to say a court order was null because of xyz? Doesnt that create a presdecent and therefore, new law?
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What if the entire Congress decided to vote and retroactively make it illegal to issue such order? I know they dont like to do retroactive stuff very often but I believe they can if they want to
 
SPY perking back up but I think I will sit this rally out. The santa seasonality and the trump optismism should continue but I think the upside will be limited, his first 100 (first 30 really) days should be pretty rocky. He is likely to do all kinds of things that might get people freaking out
 
I got plenty of exposure between BRKB, PSH, EWZ, OAK, FNMA FMCC, plus the puts im short on EWZ, BRKB. Probably around 65%+ at this point. I think thats good enough for now. I will save for dry powder for a future Trump dip
 
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