tag:blogger.com,1999:blog-34323687.post3294225277787148127..comments2024-03-28T00:23:22.838+00:00Comments on Macro Man: English Passions : Weddings and FootballMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-34323687.post-52224331050878598392019-03-26T07:45:38.080+00:002019-03-26T07:45:38.080+00:00It would be better if you paid more attention to f...It would be better if you paid more attention to football and showed the graphs of bets and odds for the next matches that will appear. I saw the Real Madrid-Barcelona match and to be honest, according to the <a href="https://www.betonymous.com/bookmakers/redbet/" rel="nofollow">redbet review</a>, they had to take this victory as they were in the best shape.Samuelhttps://www.blogger.com/profile/03673611311591392248noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-10178900033770026282011-05-03T21:35:19.406+01:002011-05-03T21:35:19.406+01:00Polemic @ 9.18.
Yes, to clarify, it was in fact P...Polemic @ 9.18.<br /><br />Yes, to clarify, it was in fact P Himself who made the unerringly correct call on the USDJPY retrace, which we ourselves then rambled on about at some length here in the Peanut Gallery - consisting of LB and Claus - while nobody was reading the blog owing to a lack of posts from The Lads.<br /><br />We have been absolutely lousy of late with our calls but.. looking at a still very crowded trade in DGDF, the now universally miserable expectations for US employment, the recent short squeeze being more or less concluded, and the presence of an unfailingly reliable Contrarian Indicator (vide supra) we are shorting the long end of the curve.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-76858913545206719062011-05-03T21:26:42.836+01:002011-05-03T21:26:42.836+01:00It is probably superfluous for me to add that this...It is probably superfluous for me to add that this is the same Jim Caron of the same Morgan Stanley who was so massively bearish Treasuries at the end of 2009, calling for a 5.5% 10y in 2010, and then issuing a mea culpa in the summer of August 2010 after the anticipation of Qe2 had presumably resulted in a right royal rodgering for their fixed income positions.<br /><br /><a href="http://www.bloomberg.com/news/2010-08-20/morgan-stanley-issues-a-mea-culpa-on-treasuries-forecast-that-was-wrong-.html" rel="nofollow"> Oops I misread the bond market again.. </a>Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-88444100583428018122011-05-03T21:22:22.631+01:002011-05-03T21:22:22.631+01:00Some bond commentary from a variety of sources. No...Some bond commentary from a variety of sources. Note that our old friend Jim Caron of Morgan Stanley thinks that the 10y is fairly valued here:<br /><br /><a href="http://fixedincome.fidelity.com/fi/displayNews?id=201105030957MRKTWTCHNEWS_SVC_525845DA-7588-11E0-B3F3-00212804637C&PROVIDER=MarketWatch&PRODUCT=NEWS_SVC" rel="nofollow"> Bond Market Commentary May 3 2011 </a>Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-74653504076879958162011-05-03T21:18:55.254+01:002011-05-03T21:18:55.254+01:00Lb re Usd.jpy - Me.Lb re Usd.jpy - Me.Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-90101863820151775092011-05-03T21:07:17.436+01:002011-05-03T21:07:17.436+01:00Well, to the extent that QE2 was meant to push dow...Well, to the extent that QE2 was meant to push down yields (which it didn't) its end would be expected to bring higher yields (which it won't) and thus short term yields would start to discount a US economy recessing without stimulus ... <br /><br />presto ... that would then steepeners. Or not?<br /><br />ClausCVhttps://www.blogger.com/profile/16843402165210120665noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-48749263819512694772011-05-03T20:55:28.869+01:002011-05-03T20:55:28.869+01:00USTs:
flatteners over? Back to the steepener? Bi...USTs: <br /><br />flatteners over? Back to the steepener? Bill, are you OK? You don't look so good....Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-53053321944337096522011-05-03T20:27:48.170+01:002011-05-03T20:27:48.170+01:00Re: Shorting silver. A classic "widowmaker&qu...Re: Shorting silver. A classic "widowmaker"...<br /><br />One of the truisms about the ultimate Widowmaker™ trades is that they are always making money for someone else when you are not actually in it, having been squeezed the previous week before The Powers That Be raised margin requirements by 1500% having already tipped off all their mates in advance. <br /><br />Just speaking for LB here.... <br /><br />Of course we may be getting to the point where JBTFD no longer works and long silver becomes the new widowmaker....Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4121009606921158662011-05-03T20:01:09.307+01:002011-05-03T20:01:09.307+01:00The JPYUSD retracement we discussed from 85 has re...The JPYUSD retracement we discussed from 85 has reached 80.92 here. Anybody else think this is about done? Stick a fork in it....?<br /><br />Are Treasuries finally way overbought here or is everyone enjoying the sounds of discomfort from Newport Beach a little too much?Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-17408313437559261662011-05-03T00:01:04.070+01:002011-05-03T00:01:04.070+01:00Some of us are long quite a few puts of the short ...Some of us are long quite a few puts of the short dated nature in Silver and are waiting for the price action to get worse before we bust out the ticker tape.Nemo Incognitohttps://www.blogger.com/profile/07345185457108156269noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-83552494775281023012011-05-02T22:06:10.818+01:002011-05-02T22:06:10.818+01:00Silver bulls...
SING WHEN THEYRE WINNING...
They ...Silver bulls...<br /><br />SING WHEN THEYRE WINNING...<br />They only SING WHEN THEYRE WINNING...<br /><br />(Cue the Two Minute Hate....)<br />Smirk.<br /><br />EURUSD 1,50 anyone? <br />Silver one last gasp to $50?<br /><br />After that, you know.. <br />Pear-shaped.Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-84667472982010257272011-05-02T21:40:46.193+01:002011-05-02T21:40:46.193+01:00Come on guys, where are ya?
Silver down close to...Come on guys, where are ya? <br /><br />Silver down close to 9%. Is this the blow-out or just a nifty little correction to the 20dma before the rest of the short suckers are squeezed out? <br /><br />What is the pain trade here? Rumour has it that the smart money has left? <br /><br />full disc: no positions and I certainly will not touch this with a barpole in either direction. <br /><br />ClausCVhttps://www.blogger.com/profile/16843402165210120665noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-46070610498164177452011-05-02T16:06:30.465+01:002011-05-02T16:06:30.465+01:00What rally LB, Spoos are up a measly 6 points at p...What rally LB, Spoos are up a measly 6 points at pixel time. Surely that cannot be enough for addicts? Of course, we did hit a new high after Benny gave his blessings to the current trend. That leaves the past recent high (1343) as support I guess. <br /><br /><br />I do note though that the DGDF is still "en route". <br /><br />More generally, we are receiving the standard "May rhyme reports" today and I am not sure what to make of it all to be honest. We have spoken about Dr Copper as a canary in the coalmine before ... it is definitely looking tired and setting up a move below 40.000 I think (3m Jul). <br /><br />ClausCVhttps://www.blogger.com/profile/16843402165210120665noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-35763659549724020942011-05-02T15:23:35.062+01:002011-05-02T15:23:35.062+01:00It's the "Osama popped his clogs rally&qu...It's the "Osama popped his clogs rally" today. Speaking of football, I wonder if they knew he was going to be in with his homies watching the Gunners play Man U?<br /><br />The wedding was luvlee but the honeymoon may be over as soon as Wednesday for certain overextended currency pairs. [Hint: GBPUSD, EURJPY].Leftbacknoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-2555252795094029952011-04-29T19:24:08.689+01:002011-04-29T19:24:08.689+01:00Hell , hope mrs P doesnt see that.Hell , hope mrs P doesnt see that.Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-91063450154464935812011-04-29T19:22:25.937+01:002011-04-29T19:22:25.937+01:00Anon 4pm - Yes. Ohhhh yes.
Fx - yes tmm have been...Anon 4pm - Yes. Ohhhh yes.<br /><br />Fx - yes tmm have been tracking the pay of some of the australian jobs. We are off to try on hard hats.Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-18666375544953293602011-04-29T18:38:54.275+01:002011-04-29T18:38:54.275+01:00Those Aussies are worth every penny...
http://www...Those Aussies are worth every penny... <br />http://www.smh.com.au/business/is-this-man-paid-too-much-20110429-1e09n.htmlFXnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-90259047033802744112011-04-29T16:00:26.363+01:002011-04-29T16:00:26.363+01:00Highly entertaining post. "A mother-in-law is...Highly entertaining post. "A mother-in-law is for life, not just for Christmas." Drawn from personal experience?Anonymousnoreply@blogger.com