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It happened quickly(like it does), making me wonder how much damage Paulson will show in the filing. At what point did he reverse his book?
and what other hedge funds will show impairment?
Watch the price action over the coming quarter, this *might* also setup for a EOY selloff.
It's so weak, concentrated shorts can move this needle without breaking a sweat, and the headlines are backing them up.
They will step back and then when it looks opportune, they will drop the hammer into this.
Tripping all the stops, down the escalator.
These kinds of moves are successful in shaking out all but the strongest and balanced hands.
Don't be so quick to accept Fed tapering taking significant action. They are the only buyer in the bond market.
If they slow down, it will be disasterous. It will take a multi-year, gradual taper and other buyers MUST start coming to market.
This is just the taper of purchases, not unloading of Fed assets. I think the Fed will have to hold the majority of the assets to maturity.
This guarantees inflationary pressure with a book so fat, but it yields back the time. Use it wisely.
It's almost sinister to have a metals selloff with inflation pressures jelling into position.
and what other hedge funds will show impairment?
Watch the price action over the coming quarter, this *might* also setup for a EOY selloff.
It's so weak, concentrated shorts can move this needle without breaking a sweat, and the headlines are backing them up.
They will step back and then when it looks opportune, they will drop the hammer into this.
Tripping all the stops, down the escalator.
These kinds of moves are successful in shaking out all but the strongest and balanced hands.
Don't be so quick to accept Fed tapering taking significant action. They are the only buyer in the bond market.
If they slow down, it will be disasterous. It will take a multi-year, gradual taper and other buyers MUST start coming to market.
This is just the taper of purchases, not unloading of Fed assets. I think the Fed will have to hold the majority of the assets to maturity.
This guarantees inflationary pressure with a book so fat, but it yields back the time. Use it wisely.
It's almost sinister to have a metals selloff with inflation pressures jelling into position.
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