tag:blogger.com,1999:blog-34323687.post7730673057982647587..comments2024-03-28T12:22:11.704+00:00Comments on Macro Man: GushingMacro Manhttp://www.blogger.com/profile/12324967552369915949noreply@blogger.comBlogger44125tag:blogger.com,1999:blog-34323687.post-21066652297598749382022-09-13T08:00:21.114+01:002022-09-13T08:00:21.114+01:00Hey, Your blog is a very high-quality search. Than...Hey, Your blog is a very high-quality search. Thanks for sharing the information with us it was very informative. <a href="https://hangup.in" rel="nofollow">https://hangup.in</a><br />HANGUPhttps://www.blogger.com/profile/16058781657235508225noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-52274827910059711152015-09-08T14:57:18.399+01:002015-09-08T14:57:18.399+01:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/18262315848179799521noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-46175571858754368382015-08-31T16:42:56.678+01:002015-08-31T16:42:56.678+01:00It was the dang press, of course....
https://www....It was the dang press, of course.... <br />https://www.washingtonpost.com/news/worldviews/wp/2015/08/31/china-pins-market-plunge-on-financial-journalist-airs-confession/<br /><br />-WhammerAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-43613690236723360862015-08-31T05:18:03.824+01:002015-08-31T05:18:03.824+01:00"hey buy more shares"
"I got enuf s..."hey buy more shares"<br />"I got enuf shares....."<br />"Tony says you need more kapesh...."<br /><br /><br />China’s securities regulator asked brokerages to step up their support for share prices by contributing 100 billion yuan ($15.7 billion) to the nation’s market rescue fund and increasing stock buybacks, according to people familiar with the matter.<br /><br />http://www.bloomberg.com/news/articles/2015-08-31/china-said-to-ask-brokerages-to-boost-market-and-buy-back-shares<br /><br />Like a Sopranos episode Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-9526165073906687952015-08-31T01:35:14.226+01:002015-08-31T01:35:14.226+01:00Retribution is an art.
FT:"China’s governmen...Retribution is an art.<br /><br />FT:"China’s government has decided to abandon attempts to boost the stock market through large-scale share purchases, and will instead intensify efforts to find and punish those suspected of “destabilizing the market”, according to senior officials.<br /><br />"...authorities are planning to sharpen their focus on investigating and punishing individuals and institutions they believe have taken advantage of the state bailout to make profits or have obstructed the government’s attempts to shore up the market.<br />Late last week, the country’s securities regulator summoned senior officials from 19 brokerages, equity exchanges, futures exchanges and government-controlled industry associations, and ordered them to step up oversight of the markets.<br />The regulator said 22 cases of insider trading, market manipulation and “spreading market rumours” had been handed over to the police.<br />Last Tuesday, following a 22 per cent fall in China’s stock market over four trading days — the worst drop for almost 20 years — police detained 11 people suspected of “illegal market activities”."<br /><br />When you are detained in China, you are dead.<br /><br />“You must pay for everything in this world one way and another. There is nothing free except the Grace of God. You cannot earn that or deserve it.” <br />― Charles Portis, True GritAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-45133543735351950352015-08-31T01:20:53.055+01:002015-08-31T01:20:53.055+01:00Long $ES_F 1966 as hedge for long $VIX positions. ...Long $ES_F 1966 as hedge for long $VIX positions. Will probably cover with calls sometime this week (same as last). Premium still large.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-15359748832266643472015-08-31T01:14:14.936+01:002015-08-31T01:14:14.936+01:00Nico G
When Jeb Bush left his Florida governors j...Nico G<br /><br />When Jeb Bush left his Florida governors job, he earned millions for no show jobs at Lehman and Barclays. When asked, he could not state what he did for either of them. While at Barclays, the bank was charged with gold price fixing, ISDAfix manipulation, foreign exchange market rigging, dark pool fraud, on and on. Since he left office, he made about 29 million, half from Lehman's and Barclays, the other half from various corporate boards he was appointed to. Sorry to say, just another dirt bag. They are all the same.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-39663530986152239322015-08-31T00:59:56.253+01:002015-08-31T00:59:56.253+01:00Well the next time the market rallies and she has ...Well the next time the market rallies and she has to change your diaper use the opportunity to tell her to watch her mouth!<br />Sorry Nico u walked right into that one - good luck this week. Looking good for shorts right now with Fischer's mealy mouth and China's equity buying moonwalk. washedupnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-55794251427026044302015-08-31T00:56:31.626+01:002015-08-31T00:56:31.626+01:00sure it's always the aussies fault.
btw nothi...sure it's always the aussies fault.<br /><br />btw nothing like sunday night futures dump that will get erased by monday morning.Carry Traderhttp://dividend.net.aunoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-8446608577617598362015-08-30T22:58:51.662+01:002015-08-30T22:58:51.662+01:00sorry it's my Australian nanny she uses the wo...sorry it's my Australian nanny she uses the word all the timeNicohttps://www.blogger.com/profile/06532015745155347229noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-39577282381745611712015-08-30T19:53:27.331+01:002015-08-30T19:53:27.331+01:00Nico, while I agree with the sentiment, can you pl...Nico, while I agree with the sentiment, can you please restrict that level of unparliamentary language please?Macro Manhttps://www.blogger.com/profile/12324967552369915949noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-5113933654197471562015-08-30T19:04:35.061+01:002015-08-30T19:04:35.061+01:00meanwhile Bill Clinton delivered 215 speeches tota...meanwhile Bill Clinton delivered 215 speeches totaling over $48 million in the four years Hillary Clinton was Secretary of State. Er 'speeches' have become a way to get paid back all the money you missed while in office<br /><br />those cunts have made it SO hard to love American those days. having to read about (financial) corruption every day is the one curse of the trading jobNicohttps://www.blogger.com/profile/06532015745155347229noreply@blogger.comtag:blogger.com,1999:blog-34323687.post-47054024845232154672015-08-30T15:51:05.667+01:002015-08-30T15:51:05.667+01:00The masters of the universe score another coup and...The masters of the universe score another coup and get their get of jail card entitlement: <br /><br />http://www.securitiesarbitration.com/news/2015/08/28/s-e-c-settlement-with-citigroup-holds-no-one-responsible/<br /><br />A big screw you to American citizens.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-60632782089738826802015-08-30T00:05:15.433+01:002015-08-30T00:05:15.433+01:00Off topic - Is anyone following QDII2 from China?
...Off topic - Is anyone following QDII2 from China?<br /><br />According to <a href="http://www.reuters.com/article/2015/05/26/china-economy-qdii-idUSL3N0YH35J20150526" rel="nofollow">Reuters "China to launch QDII2 overseas investment scheme soon in six cities -paper"</a>, QDII2 will allow Chinese to convert their wealth directly purchases in foreign equity and bond markets.<br /><br />Will QDII2 provide the next big bump in DM equity markets?<br /><br />I'm not quite sure where to go read more about this. Anyone else following along?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-61220931637169680732015-08-29T19:20:59.230+01:002015-08-29T19:20:59.230+01:00Some astute points. It's pretty shocking that ...Some astute points. It's pretty shocking that a dated statistic, such as 2Q15 GDP, could lead to such a "risk-on" appetite. It's the 3Q/4Q GDP statistics to be worried about. <br /><br />Agreed that the recovery is unlikely to be 'v-shaped' this time. The world changed/is changing with the deterioration of economic performance out of china, the collapse of the China stock market, and the yuan devaluation. And no, the Chinese government buying stocks, clearly doesn't fix things. <br /><br />EM isn't out of the woods by any means. Touched on the variety of reasons in my last post.Crackerjack Financehttp://www.crackerjackfinance.comnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-32442094438259394902015-08-29T12:41:27.083+01:002015-08-29T12:41:27.083+01:00Repy to Anon August 29, 2015 at 6:08 AM
"Woo ...Repy to Anon August 29, 2015 at 6:08 AM<br />"Woo calling free floating Renimbi by late sept.... get you short AUD on"<br /><br />Anon, I think highly unlikely unless this is the end for China. I think it is still a bit early for a currency run on China and I expect in any case they will adopt more capital controls instead of floating. I am instead getting out of my short AU currency position as this oil move has me worried. I agree with Macro anus and reckons there is a good chance we will have a strong counter-trend rally in commodities with oil rallying to $50+ in Sept before further resumption of the downus trendus.Boogernoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-91346519625269753862015-08-29T06:08:03.957+01:002015-08-29T06:08:03.957+01:00http://www.bloomberg.com/news/articles/2015-08-28/...http://www.bloomberg.com/news/articles/2015-08-28/bofaml-s-woo-explains-how-china-was-behind-one-of-this-week-s-most-extraordinary-market-developments<br /><br /><br />Woo calling free floating Renimbi by late sept.... get you short AUD onAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-50817468603057554112015-08-29T04:57:34.025+01:002015-08-29T04:57:34.025+01:00Last time September $VIX was at this level - over ...Last time September $VIX was at this level - over 26 - $ES_F was 80 handles lower. Ponder that.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-10811233464078374122015-08-29T04:57:07.032+01:002015-08-29T04:57:07.032+01:00During October 2014 drop, M1-M2 $VIX futures were ...During October 2014 drop, M1-M2 $VIX futures were backwards for just 8 days. This drop is already on day 6. We are going well past 8 days.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-49564379570799603222015-08-29T00:00:00.248+01:002015-08-29T00:00:00.248+01:00thanks for the Mark Mewton CMT Greywolf link
thanks for the Mark Mewton CMT Greywolf link<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-25555812694429035972015-08-28T18:32:24.168+01:002015-08-28T18:32:24.168+01:00I meant carry trader. Damn you auto correctI meant carry trader. Damn you auto correctWinginitnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-30451687792359255292015-08-28T18:18:09.032+01:002015-08-28T18:18:09.032+01:00@ Carey trader
Yes I know. Winginit was just tryin...@ Carey trader<br />Yes I know. Winginit was just trying to amuse and the same time make somekind of point that we live in a pretty high tech service society. Cheers<br />Winginitnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-60511454427312623582015-08-28T18:13:20.456+01:002015-08-28T18:13:20.456+01:00@MM 2:18
Yes something like that. Although I'...@MM 2:18 <br /><br />Yes something like that. Although I'm no chartist and I don't do any technical analysing myself. Just read others rarely. Only when it comes to FX I try to listen up. Winginitnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-4263322698591567832015-08-28T16:55:22.127+01:002015-08-28T16:55:22.127+01:00Best inflation trade right now is long US 30y BE a...Best inflation trade right now is long US 30y BE and short UK 30y BE. The spread between the two is at crisis wides and as a small open economy the UK is much more likely to import Europe's disinflation. It's very unlikely RPI will realize 150bps over US CPI over the balance of time. CJnoreply@blogger.comtag:blogger.com,1999:blog-34323687.post-20882418428276701212015-08-28T16:42:24.189+01:002015-08-28T16:42:24.189+01:00Bullard, in off-camera remarks to reporters follow...<i>Bullard, in off-camera remarks to reporters following his televised interview, said that if market turmoil persists, that could affect the timing of the first rate increase.<br />“The committee does not like to move when there’s volatility,” he said. “If we had the meeting this week, people would probably say let’s wait.”<br /></i><br />Yeah, that seems like a great way to disclose market-relevant information.<br /><br /><br />I think they will do it in Sept, but only because they were able to strongarm the market with all this fed-put talk. I'm not an anti-fed guy but it just boils my blood the way the fed has operated post 2008. I can't help but think that they are letting personal ego and the power of the position take over. They just love the celebrity and the fawning over them for information, but in the process the institution as a whole is much less effective.<br /><br />Noone asked me to run the fed, but I would think one of my top administrative priorities would be to dramatically scale back the interviews, the speeches, the trips and the general leakage of sentiment and information. The "transparent fed" is bogus because in the end it does not matter what Bullard or Dudley thinks, its what the group as a whole thinks and how they vote.<br /><br />Regarding oil, at these prices ~$45, the banks price decks look a lot more reasonable and I think you could make the case that redeterminations become less of an issue. Dec. 2016 oil is around $53 bucks, thats not a horrible price for a lot of the shale guys to hedge at.<br /><br /><br /><br />Mr. Tnoreply@blogger.com