Financial topics

[aeden]

analysis during the 2008-2009 credit crisis reduced potential losses by about 10% on average. During the ongoing stressed period, mainly concentrated within the energy and commodity-related sectors, we believe that manager trades avoided potential losses amounting to just under 2% of U.S. CLO 2.0 portfolios.

The cratering effect we discussed.

The overlap in credit was noted not able to separate the ratings. The number cannot indicate who got out before the pass through sweep account lockups.

Every trader I know who was short in the 2009 and 2010 time frame is either broke, dead, or afraid to short.

Book four is still open. https://www.youtube.com/watch?v=P7YMI39sObY

[aeden]

https://content.marketaxess.com/sites/d ... INAL_0.pdf

The improved sheep pens.

Auto-Execution is available with two degrees of automation.
A “low-touch” version requires manual initiation by a trader, while the other is fully automated.

The execution speed.

Updated every 15 to 60 seconds, the engine covers 90% to 95% of trading activity in its markets

The cracks we discussed are getting tighter.

It cannot mitigate internal white noise since balance is the fundamental issue of the wall they cannot fathom.

https://www.youtube.com/watch?v=dU6w56epBdc

Another Grandchild being born today.

I have no greater joy than to hear that my children are walking in the truth. 3 John 1:4

[John]

> Several years ago, the markets went from being a casino to being a
> carnival.

> The people you are describing are like carnival barkers. I don't
> watch the financial news in real time anymore (just selectively
> when markets are closed), but I can imagine that this week instead
> of "Step Right Up!" it was "Fed Pivot" this and "Fed Pivot"
> that. They are dreaming. In my mind, a Fed Pivot would be a
> reversal of policy, as in, they called an emergency meeting and
> lowered interest rates after they came out of it, or announced a
> new QE program. They did no such thing. Whether that's all been
> orchestrated (talk of the "Fed Pivot") to transfer stocks to the
> public is the question in my mind because I think the big money
> was caught pretty flat footed in December. The article about the
> pension funds selling $26 billion in stocks last week sort of
> indicates that.

I'll give an example. I was watching CNBC house economist Steve
Lieseman last week, and he was commenting on new figures from December
that showed that personal income had gone up, but personal spending
had gone down.

Lieseman said flat out that this was impossible. He said this two or
three times. He said that it was absolutely impossible, and that it
must be an error in the data, caused by the government shutdown. He
said that if people received more income, then they must have spent
more. He said that next month's data will correct the December
contradiction.

Well, maybe it will. Lieseman is a master of the belief that "history
always begins this morning," and I don't believe that he has any
concept of long-term trends. A fall in personal spending would be
perfectly plausible. It would mean that people are saving and paying
off their debts with their increased income, rather than more spending
and more debt. That's exactly what would cause a further fall in the
velocity of money, with resulting deflation, but that's something that
nobody on CNBC ever mentions.

[jcsok]

The people you are describing are like carnival barkers. I don't watch the financial news in real time anymore (just selectively when markets are closed)

I quit watching the CNBS carnival barkers about 5 years ago.

[John]

> The people you are describing are like carnival barkers. I don't
> watch the financial news in real time anymore (just selectively
> when markets are closed)

> I quit watching the CNBS carnival barkers about 5 years
> ago.

Carnival barkers are valuable people to watch. They keep their
eyes on the crowds, and they're always in touch with what the crowds
are thinking. If you listen to what the carnival barkers say, even if
it's fake news, it's what everybody is thinking, and that makes it
valuable. We ignore carnival barkers at our peril.

[Higgenbotham]

I'll give an example. I was watching CNBC house economist Steve
Lieseman last week, and he was commenting on new figures from December
that showed that personal income had gone up, but personal spending
had gone down.

Lieseman said flat out that this was impossible.

I'll tell you what would be impossible.

It would be impossible for Lieseman to look at those 2 data sets, then look for some confirming data that could make a case for the savings rate going up. Like, for example, birth rates fell substantially from Q3 2017 to Q3 2018. Or what the entire retail sector reported for Q4 2018 sales versus Q3 2018 and Q4 2017, not just Wal-Mart.

[Higgenbotham]

POSTED MAR 01 2019 06:01PM EST

FOX NEWS - The 'retail apocalypse' is alive and well this week with major chains such as Gap, JCPenney, Victoria's Secret and Foot Locker all announcing massive closures, totaling the death of more than 465 stores over the last 48 hours.

All four companies reported its fourth quarter results this week during the critical holiday period, with three of them (Gap, JCPenney and Victoria's Secret) reporting declining in same-store sales, while Foot Locker reported growth that more than doubled expectations.

Still, despite the good news. Foot Locker announced Friday that it plans to close around 165 stores across the country, during its investor call.

http://www.fox5ny.com/news/gap-jcpenney ... n-48-hours

Impossible, right?

[aeden]

The word usage of Middle Class has no meaning as the actual digital disease detection is ignored on that simple point alone.
As we forwarded from 1996 and many much earlier we could not protect the user base from what we knew was coming
and the actual taxing predator class on another simple level that was designed as a take out.
We could of fought it and got basically two to five years from later similar studies more but decided to go digital black.
Consider the point if you went back to college for a few more years you can be like them.
The only updates allowed are herd management for social credit management systems.
Being ahead is a process to admit as noted here also it took twice as long as considered
so on that process alone half as smart to what has actually happened.
The brain study's with carrier waves later will announce the dna damages and brain cancer increases
just as the microwave studies ignored. If you Z score the effects already known it shows how
entrenched this deception is.

[Higgenbotham]

Carnival barkers are valuable people to watch. They keep their
eyes on the crowds, and they're always in touch with what the crowds
are thinking. If you listen to what the carnival barkers say, even if
it's fake news, it's what everybody is thinking, and that makes it
valuable. We ignore carnival barkers at our peril.

Carnival barkers are dangerous too. Their aim is to make everyone a part of the crowd and they are experts at it. Individuals who are independent thinkers may believe themselves to be immune from carnival barkers but they need to remember that humans are genetically programmed to be a part of the herd. It's impossible to turn off that programming.

With regard to the stock market, I consider the head carnival barker to be Warren Buffett, as he appears on CNBC with his sidekick Becky Quick. What they will show you is that they are on your side, and everyone should own some low cost index funds. You are told a great folksy story, that Warren is a fellow just like you, from the heartland. After watching the Buffett/Quick team work their magic, I feel like opening up my purse and buying some SPY right now for my retirement, and maybe some to provide for my kids education.

[Higgenbotham]

The "Quick Buffett" team in action. Would you prefer to watch Warren try to get a little peek or would you prefer to try to get one yourself?