tag:blogger.com,1999:blog-6492542366661862113.post7940469640360979937..comments2023-10-31T01:32:09.169-07:00Comments on The Housing Time Bomb: The Long US Dollar Trade Appears OverdoneJeffhttp://www.blogger.com/profile/04450070920047311928noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6492542366661862113.post-15849465727833046692010-02-20T07:41:28.176-08:002010-02-20T07:41:28.176-08:00"I am a realist. If you want to call it gloom..."I am a realist. If you want to call it gloom and doom have at it."<br /><br />Its funny - of all the people ive met the more permabearish or more permabullish they are, the more likely they are to have to continue to insist "I am a realist".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-41114763014519699162010-02-20T01:45:08.283-08:002010-02-20T01:45:08.283-08:00Been wondering when I should sell my UUP. It has ...Been wondering when I should sell my UUP. It has done real well in the last 3 months.Banditfisthttps://www.blogger.com/profile/12265428034398636361noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-57695380292541011202010-02-19T13:34:23.555-08:002010-02-19T13:34:23.555-08:00Anon
Keep drinking the economic kool aid.
That w...Anon<br /><br />Keep drinking the economic kool aid.<br /><br />That worked out so well for you in the last 10years hasn't it?<br /><br />The bottom will be in on the markets when people like you capitulate and sell their stocks. <br /><br />Only then will I become bullish.<br /><br />I am a realist. If you want to call it gloom and doom have at it. Go stick your head back in the sand and go long the S&P.<br /><br />I am sure that will work out great!Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-12533094540486704632010-02-19T09:36:28.919-08:002010-02-19T09:36:28.919-08:00Hey is everybody still here?
That wasnt any of th...Hey is everybody still here?<br /><br />That wasnt any of the regular posters here who flew into an IRS building yesterday was it?<br /><br />Judging from the doom laden posts, ya never know...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-57473971173224798042010-02-18T19:18:11.538-08:002010-02-18T19:18:11.538-08:00Wow
The Fed raised rates.
Tomorrow will be ugly ...Wow<br /><br />The Fed raised rates.<br /><br />Tomorrow will be ugly for the markets. Lets see if they continue to tighten. <br /><br />Hopefully we continue down this path.Jeffhttps://www.blogger.com/profile/12694642495493981729noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-53964210454382374252010-02-18T10:07:56.979-08:002010-02-18T10:07:56.979-08:00Nobel Prize Winning Economist Joe Stiglitz joins P...Nobel Prize Winning Economist Joe Stiglitz joins Paul Krugman, Calculated Risk, Nouriel Roubini, et al - the Govt must go into debt now and talk of reigning it in at the present time is "short sighted". The blogger "Jeff" disagrees. News at 11.<br /><br />http://finance.yahoo.com/tech-ticker/stiglitz-washington-should-stop-worrying-u.s.-has-%22no-problem%22-paying-off-its-debts-425337.html?tickers=tlt,tbt,uup,spy,dia,%5Egspc,%5EdjiAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-45017326430899773052010-02-18T08:31:11.283-08:002010-02-18T08:31:11.283-08:00"That being said, the million dollar question..."That being said, the million dollar question as we look forward is who will be more disciplined with their regulation when it comes to cleaning up the excesses of the worldwide 30 year credit bubble?" <br /><br />No question they will but respectfully, you are only looking at 1/2 of the picture.<br /><br />Europe's biggest problem going forward (next 30 years) is a declining population and massive, massive, entitlements coming due. Its like our social security, medicare benefits, on steoroids.<br /><br />With the declining population and declining amount of workers (relative to the elderly) producing and adding to the GDP/govt coffers, Europe is gonna look like Japan. <br /><br />How they attempt to "solve" this (via immigration, reduced benefits, currency inflation, or a combination thereof) will greatly determine the strenth of the Euro in the years to come.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-27222803188440629322010-02-17T18:07:27.871-08:002010-02-17T18:07:27.871-08:00Flip
Yup
Been following all of that Goldman Such...Flip<br /><br />Yup<br /><br />Been following all of that Goldman Suchs crap.<br /><br />I hope that Europe bans them from trading over there like they said they might.<br /><br />You raise a very plausible scenario. I don't think Europe will bite but the IMF might.<br /><br />Like I told get, I see it as a positive on the Euro and a negative on the USD.<br /><br />I will be watching closely as well!Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-86413668456179995482010-02-17T18:04:48.682-08:002010-02-17T18:04:48.682-08:00Hey Get
Thanks
Yeah I saw gold dropped off. I w...Hey Get<br /><br />Thanks<br /><br />Yeah I saw gold dropped off. I was wondering why. <br /><br />Yeah the only way out for the PIGS is the IMF.<br /><br />Since its mainly USA backed a bailout wouldn't surprise me.<br /><br />That could also strengthen the euro because that looming debt risk would be mopped up.<br /><br />Best!Jeffhttps://www.blogger.com/profile/04450070920047311928noreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-91409069860216355582010-02-17T17:42:58.689-08:002010-02-17T17:42:58.689-08:00This story is one to which I am paying very close ...This story is one to which I am paying very close attention.<br /><br />There are more and more details coming out suggesting Goldman Sachs played an integral role with Greece and may be using their AIG playbook here. I'm assuming you saw the NYT piece about how they were paid to help them hide their debt. You have to assume they also were placing massive derivative bets on a sovereign default.<br /><br />I'm assuming Greece will be bailed out. We'll see what form it takes.<br /><br />But what if the Europeans force the bail out onto the USA via the IMF? What happens to the Euro? What happens to the USD? What happens if J6P finds out GS is again being made whole for gaming the system to the tune of hundreds of billions of dollars? What happens if Germany bails out Greece with a handshake and wink arrangement with the US that they'll be responsible for Spain + Portugal while the UK will be responsible for Ireland? <br /><br />What if GS puts their cards on the table and demands to be paid?<br /><br />http://bit.ly/a90ZPq<br /><br />This all may blow over or it may be a canary in the coal mine like Bear Stearns was in 08.<br /><br />Like I said, pay attention to this one.flipdippynoreply@blogger.comtag:blogger.com,1999:blog-6492542366661862113.post-56916951508750623752010-02-17T16:54:06.744-08:002010-02-17T16:54:06.744-08:00Hey Jeff!
Nice post. I think the US state insolv...Hey Jeff!<br /><br />Nice post. I think the US state insolvency issue should make some a bit more clear on the dollar's all powerful place. Maybe Modern Monetary Theory (MMT) is the FED's final plan?<br /><br />Also,<br />Gold tanked at days end on an IMF sale story, but it is the other half of the sale they announced a while ago (and India bought it all) so that was weird. Selling gold to raise cash to bail oit the PIIGS may seem funny later on I think.EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.com