I think you have a very poor understanding of why foreigners (to US and UK) invest such large quantities of money at these absurdly low yields.
This is so completely silly: you are keen to argue that it's possible for enough investment flows to occur to endanger a bank. I agree it's...
No, you keep talking about individual (rather than macro) effects when the thread is talking about macro implications of investment flows. I...
Sigh... first, credit is a proxy for current expenditure at the expense of future expenditure. And yes, money is a means of exchange as one of...
Totally Agreed - and in that case I find it extremely hard to believe that they don't pay attention to the sharpe ratio of their trading systems....
Well... fair - I was specifically speaking of firms where the allocation is measured in hundreds of millions rather than low double digits.
No - money is a proxy for future consumption at the expense of current consumption.
Why do you think I'm Austrian? (I'm not). I'm not sure anything I say implies I have a supply concept of money. Again - there's no aggregate...
With all due respect, I don't consider those legitimate anymore. It's not that I think they are scams (the traditional ones certainly are not),...
None.
Intradaybill - I think this discussion about randomness is very poorly framed. Who actually believes in the market returns is ~N(0,svol)?...
Sorry - who considers a prop firm (in the sense of ET) a legitmate financial institution ? True prop in the sense of hedge fund props (where...
First, you said "If there is less incentive to lend then could it cause a bank run?" But let's ignore that the fact that you weren't talking the...
This is EXACTLY what I mean. Pure nonsense. And please stop before you start talking about the tax program you "wrote" form some EU government....
Sharpe ratio on a decent sized book. Whether that indicates actual trading talent (if such a thing exists) is another question.
This was just explained to the OP.
Interest rate changes work differently: the fed stands to lend money at the Fed Funds Rate. Borrowing from the Fed is not the same as borrowing...
All of it. I have no interest engaging in discussion with you on 'which'. Like I said, I've read the past threads on it - they were pointless...
You can use the slope(..) function to calculate the beta. Beta is additive, so you can just weigh them.
Because they are complete nonsense my friend. I've read your past threads - I've lurked here for a long time; Not all ideas are good. Some are...
Separate names with a comma.