- Search Metals Mine
- Casimir commented Jan 30, 2015
At the very least politics will not allow what practicality requires until a full crisis materializes here. This last week was SNB pissing into the wind supporting the Euro. They can't accept what seems obvious to all at this point: the Euro really ...
Greece and the euro’s future: Go ahead, Angela, make my day
- Casimir commented Jan 25, 2015
Goldman's rate hike view is below consensus, sure. But even if their "pessimistic" view is true, USD is still a buy. It's not whether rate hikes will happen in late 2015 or early 2016 (as in Goldman's fretful scenario). It's that US is the only ...
Did Goldman Just Call The Top Of The "Strong Dollar" Trade
- Casimir commented Jan 21, 2015
A guy who sued his last hedge fund employer... Where do I sign up to invest?
$4 Billion Trader to Start Hedge Fund After Settling Suit With Brevan Howard
- Casimir commented Jan 21, 2015
I've thought again. They won't happen in US.
Think negative interest rates can’t happen here? Think again
- Casimir commented Jan 21, 2015
He sounds truly sorry. Let's give him another $100 mil.
Manager 'truly sorry' for blowing up hedge fund
- Casimir commented Jan 15, 2015
Big miss for FXCM. When your leveraged clients are insuring against EUR/CHF bomb, so are you. If you don't control a number for that risk, you shouldn't be running a hawala, let alone a forex brokerage.
Swiss move hits currency brokers
- Casimir commented Jul 15, 2013
Deano is right. He might pop his head out the top of the car every time Fred takes the family to the movies, but dang it, he knows his forex.
RBA Monetary Policy Meeting Minutes
- Casimir commented Jul 14, 2013
Chinese economic numbers might as well come from a freaking fortune cookie. 7.5% growth amidst a serious credit crunch? They should have at least picked a fake figure that was more credible.
China’s Economy Grows 7.5% Amid Risk of Deepening Slowdown
- Casimir commented May 14, 2013
Yes, graduates have to "just deal with" the aftermath of the crisis that your firm's greed and incompetence generated. They have to clean up the terrible externalities that you unleashed like a wave of toxic sludge through the entire financial ...
AIG CEO Tells Grads Don’t Cry About Economy, Deal With It
- Casimir commented Apr 30, 2013
What a frustrating argument. First, RR 2012 corrects certain dubious methods in the original RR 2010. In effect, RR acknowledge in 2012 that they were wrong in 2010. If RR themselves are acknowledging that their methods/data were wrong in 2010, why ...
Reinhart and Rogoff Were Right About New Zealand
- Casimir commented Mar 3, 2013
Not really. For OMT to be applied, the receiving countries must agree to austerity-type policies. It's called "conditionality". If Italy's new government moves away from austerity, they lose OMT. From the ECB's own web site:
Italy's A Mess But Draghi's Backstop Is There; Buy EUR/USD Targeting 1.34 - UBS
- Casimir commented Feb 28, 2013
Just curious, but where did you "train" in economics and what certifications do you hold? For reference, I have taught MBA students at a top program and done doctoral work under guys who were protégés of Gene Fama, Merton Miller, and Ben Bernanke. ...
The First Italian Exit Polls Are Out
- Casimir commented Feb 27, 2013
Not going to be a billionaire much longer.
You can sail into history! Billionaire's real-life Titanic sequel
- Casimir commented Feb 27, 2013
Holding to maturity should help to dampen the market impact of getting MBS off the balance sheet, as the mortgage debt is less likely to be rolled. Not so for federal debt. Ultimately new debt has to be issued to repay principal to the Fed, an that ...
Bernanke Says Fed May Decide Not to Sell Securities
- Casimir commented Feb 27, 2013
Yeah, but 17 to 84 percent of people already knew this.
RBA: Aussie appears to be 4% to 15% overvalued
- Casimir commented Feb 26, 2013
OMG! Investors are buying call options on the Yen! Also they are breathing in and out and drawing energy from the Krebs cycle! All equally unusual signs of great alarum!
Sharp yen rebound a challenge to "Abenomics"
- Casimir commented Feb 26, 2013
Yep, he's going to stay with it and sink the damn thing.
Bersani says he `won't abandon ship' and quit party leadership
- Casimir commented Feb 26, 2013
Quite right jaygee. I hope you'll humor me with a little case study: suppose Bernanke is all roses tomorrow, market rallies and "dollar" softens (as a basket + towards EUR). Wouldn't you guess that USDJPY goes up too, even though it would mean ...
EUR collapses on Berlusconi's party
- Casimir commented Feb 25, 2013
The Japanese have this view that a healthy Euro eases demand for Yen as a global reserve currency. When that view takes a hit (IE, Italy becomes ungovernable), Yen strengthens a lot even though direct impact is not that big. Could also be all the ...
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
Pound is nuts with that rally. Can't tell if that is new strength for pound or just some Brits selling EURGBP real hard.
Italy lower house projection points to 3-way tie