Financial topics

[aedens]

Vin, no accidents on politics.....
Thursday, 17 May 2012 -----Federal Reserve Bank of St. Louis President James Bullard said economic reports this year have been stronger than forecast and he expects the central bank to raise its target rate by 2013. “Generally speaking, the U.S. economy has done better than expected in the first part of 2012,” Bullard said in Louisville, Kentucky. “My own forecast has rates going up a little sooner” than other central bankers, or “late 2013.”

http://www.federalreserve.gov/boarddocs ... efault.htm

Remember the target peg of china is the inflation rate here. I am not talking the cpi or bls statistics since we know better.

I love the smell of napalm in the morning.
In 1994, Canadian economist Rodney Schmidt noted that in two-thirds of all the outright forward and [currency] swap transactions, the money moved into another currency for fewer than seven days. In only 1 per cent did the money stay for as long as one year. While the volatile exchange rates caused by all this rapid movement posed problems for national economies, it was the bread and butter of those playing the currency markets. Without constant fluctuations in the currency markets, Schmidt noted, there was little opportunity for profit. This certainly seemed to suggest the interests of currency traders and the interests of ordinary citizens [in national economies] were operating at cross-purposes. Schmidt also noted another interesting aspect of the foreign- exchange market: The dominant players were the private banks, which had huge pools of capital and access to information about currency values. Since much of the market involved moving large sums of money (typically in the tens of millions of dollars) for very short periods of time (often less than a day), banks were perfectly positioned to participate. Among swap transactions, which represented a major chunk of the foreign exchange market, 86 per cent of the transactions were actually between banks.
Tony Barber (2009-12-11). "EU leaders urge IMF to consider global Tobin tax". The Financial Times.

Keynes' concept stems from 1936 when he proposed that a transaction tax should be levied on dealings on Wall Street, where he argued that excessive speculation by uninformed financial traders increased volatility. For Keynes (who was himself a speculator) the key issue was the proportion of 'speculators' in the market, and his concern that, if left unchecked, these types of players would become too dominant. Keynes writes: Speculators may do no harm as bubbles on a steady stream of enterprise. But the situation is serious when enterprise becomes the bubble on a whirlpool of speculation.
The introduction of a substantial government transfer tax on all transactions might prove the most serviceable reform available, with a view to mitigating the predominance of speculation over enterprise in the United States.
The General Theory of Employment, Interest and Money

Lobby will never allow it.

As the story goes the Chinese, who were the First to use paper currency 1000 years ago, dumped 40 Tons of Gold onto the market as their populace became less and less enamoured with the Value of their paper. Why did they put 40 tons onto the market? To keep the price of Gold down. HMMM, sure sounds like history rhyming.
Take the time to take a modest delivery.

Renewed Push to Use the C-CPI for COLA, Inflation Indexing.

[aedens]

http://www.zerohedge.com/news/2013-04-1 ... -continues

Notice it wasn't exceeded for 2 years after the US debt downgrade.

Yea still spinning a plate in the head on that H.

(b) fund increased weight on bond ladder buys, I will recheck date when I reopened.
closed four positions, opened one. Principal called asked wtf you doing ". Napalm as noted on beta bitches.

http://m.theatlantic.com/infocus/2013/0 ... ad/100487/

Anyways good hunting for these assholes in any age.

[gerald]

A new investment technique --- I think this is a joke, or maybe not, and with the way things are today who knows.

"The following text and pictures illustrate the methodology involved in training laboratory standard rats in trading in the foreign exchange and commodity futures markets."
"The rattraders working place: a traditional skinner box, further equipped with airconditioning, and a sound system. The image above shows the light signal that indicates the beginning of the trading."

http://www.rattraders.com/methodology

[aedens]

Albert Gray "Men never plan to be failures; they simply fail to plan to be successful."

In a "Government Implosion Syndrome," the commission found, ---- there are NO accidents in politics.

The Bulls want to test Mays peak and push through It appears. I think the 12th will be the end of it.
Did I sell a few days early, yes two or three.

Someone found a seam to profit on ignorance would be more accurate lately IMO. Kill the naked shorts then move on
to provide confidence of surety. They are trying to shove the sheep into sector plays only. I would call that myopic and
very dangerous. As you noted Higg the scalar relationships of investors psychologicals, fundamentals and technicals
are the net effect we trend in those facets of compositions. The nature of things, and the dislocations and disconnects
of those with no scruples who always leave footprints since we see that truth is oxygen.

I was reading the dialog from the Florence notes forumed and it reminds me of the main drivers of that pivot
from 1202 to that blossum of that period.

[Higgenbotham]

As you noted Higg the scalar relationships of investors psychologicals, fundamentals and technicals are the net effect we trend in those facets of composition. The nature of things and the dislocations and disconnects of those with no scruples who always leave blatant footprints.

The stock market moves more at night on a few tens of thousands of futures volume than it moves during the day on real trading. All anybody needs to know. Why is that allowed? Again, the fact that it is, is all anyone needs to know. We saw the 5 year solid trendline I posted get jumped overnight. Tactics and tactical understandings are more important than in-depth knowledge in all facets of US society, which is another leading dark age indicator.

[aedens]

Yes stratagem of hunter to seeker algo would of been a better statement on my part.
I find the day dislocations are the driven fom recent smashing the hive on percieved
derivitive contracts on MLP.

[John]

The following chart shows that money has been flowing out of
stocks into bonds for the last five years. But the red bar
on the far right shows that the bond market is collapsing,
but the money is NOT going back into stocks.

[aedens]

Derivative weapons of mass destruction as Buffet explained as in current MLP noted problems. Are these suits warranted? Who knows since they are intent not interpretation at the moment.
We will just have to wait and see as these hedged oil contracts relent somewhat to see when some normalcy return.

[Higgenbotham]

Yes stratagem of hunter to seeker algo would of been a better statement on my part.

The advertised market moving event of the week is the Bernanke speech to be given during after hours (of course). Certain parties will have an advance copy. During the high volume regular trading day prior they can position accordingly. The others can't. Then as the speech is given they can use the low volume after hours futures to jack the market around. As Anna Schwartz accurately stated and you quoted Bernanke's objective is to create a new market moving sensation every day. He has also stated that he wants to force Joe Six Pack to invest in stocks by keeping interest rates at zero and destroying the value of the currency. More money for whoever gets advance copies of the "daily sensation" which poor Joe doesn't get. Remember the flap the other month about certain parties getting advance copies of the Fed minutes the day before they were released? It is real; I am not making this up. Bernanke is employing a strategy that is sure to make everything worthless and bring on a new dark age. All faith has been/will be lost in US bonds, stocks and currency. The algos are being squeezed by the insiders and many are losing money now.

[Higgenbotham]

Also noting that the Russell 2000 is making new all time highs. Will it lead the S&P to a new all time high?