Yes, they can and they already have, by using mortage securities in this latest intervention. But they directly control only the discount rate in...
Hydroblunt, I supported the Fed Funds trading desk at a very large bank for many years (since the Fed never closes, as all Fed Funds traders know,...
No one is looking to save the CDS market. All anyone is looking to do is prevent the subprime mess from causing a total freeze-up of all of the...
The point of pointing at the 10 year was to show that inflation obviously isn't concerning the buyers of these instruments. Away from Treasuries,...
Voted "No". They're too dumb to understand what's going on and do the right thing, especially since Bernanke appears to be in a competition with...
Oh Lord. Selectively cherry-picking your facts doesn't make a case. The only rates that spiked on Thursday and Friday were the shortest-term...
The next few years are going to be a trader's dream, IMO. I figure where we are is analogous to the late sixties, and what happened to the market...
Heh. May your generosity never lead you to poverty.
Stoopid question: is Gainskeeper easily linked to/available on their site?
Gold and gold stocks have been holding up, and today, finally, they traded counter to the trend of the market. When you saw gold pop this...
Well, for some of us, going flat is part of the system. I tested mine to death, and decided, after probably singeing my long-suffering...
Exactly. Bretton Woods II needs to end. The pain will be awful, but the end result will be far better than what will happen if we follow the road...
Mayhaps you might want to post some evidence of the markets backing up your fantasy assertions??? Like, maybe, bond traders bidding up the long...
....which is why the 10-year barely moved while the Fed took Fed Funds from 1% to 5.25%???? Yes, you have bigguns. We're impressed. Go sell it...
Just to raise the bar in this thread a little, the bonds probably haven't moved much because these were off-balance sheet vehicles, and therefore...
Strictly for entertainment: I actually interviewed a guy for a position today, from AHM. My jaw hit the floor and bounced when I pulled up his...
All true. However, think of this as a correction in reverse. It's not over until the shorts (that's you guys) feel major pain. Far as I can tell,...
Drock409, excellent, to the point. Thanks.
I look at gold and gold stocks to gauge the chances of a Fed cut in times like these. For the past month, unlike what happened around Feb 27,...
Serious question: I'm flatter than a Midwestern prairie, partly because LEH seems to crap out even more than BSC every time something awful hits...
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