Feeling Bullish Today…

[LA_Renter]

Yep

“Aug. 20 (Bloomberg) — Ten-year Treasuries gained, extending last week’s rally, on signs the credit crunch in the U.S. will cost jobs and may slow the economy.”

http://www.bloomberg.com/apps/news?pid=20601087&sid=amqiquHVCfHI&refer=home

Not exactly bullish

Is the FED going to be pushing on a string at this point??

[HereWeGo]

Just the opposite … the Fed hasn’t even started pushing yet. The market seems to indicate that Wayne Angel is correct, the longer they wait, the further they will need to drop the FFR. Right now, the market is saying the Fed should drop the FFR by oh, about 225 bps.

[HereWeGo]

Just the opposite … the Fed hasn’t even started pushing yet. The market seems to indicate that Wayne Angel is correct, the longer they wait, the further they will need to drop the FFR. Right now, the market is saying the Fed should drop the FFR by oh, about 225 bps.

[HereWeGo]

Just the opposite … the Fed hasn’t even started pushing yet. The market seems to indicate that Wayne Angel is correct, the longer they wait, the further they will need to drop the FFR. Right now, the market is saying the Fed should drop the FFR by oh, about 225 bps.

[LA_Renter]

Interesting theater between Ben and the Market. You know Japan dropped to zero and turned the spigots on. I wonder if we will be talking about the US Dollar carry trade in the near future??

[LA_Renter]

Interesting theater between Ben and the Market. You know Japan dropped to zero and turned the spigots on. I wonder if we will be talking about the US Dollar carry trade in the near future??

[LA_Renter]

Interesting theater between Ben and the Market. You know Japan dropped to zero and turned the spigots on. I wonder if we will be talking about the US Dollar carry trade in the near future??

[Ozzie]

FWIW, my Schwab portfolio is just about 2% from where it was at the peak of the market after a nice day today. I’m heavily weighted towards DE, CAT, SLB, and BRK and a few tech and Int’l funds. Schwab just upgraded CAT today which was my only concern after their subpar results last qtr.

My dumb move was not to take action and buy puts on Moody’s. I noted last week that I was surprised there were not Congressional hearings into why the ratings agencies gave such high ratings to the junk CDO’s that Wall St created. Today Sen. Dodd called for those investigations. I’m kind of ambivalent. I know these guys messed up ad gave the ratings to gain business, but I also have exposure as BRK owns 18% of them. It will be interesting to hear Buffet’s take on this and see if he buys more on weakness over the coming months.

I’m convinced there will be a full point rate cut by the end of the year and I also think you’ll see Fannie’s conforming limit increased sharply.

[Ozzie]

FWIW, my Schwab portfolio is just about 2% from where it was at the peak of the market after a nice day today. I’m heavily weighted towards DE, CAT, SLB, and BRK and a few tech and Int’l funds. Schwab just upgraded CAT today which was my only concern after their subpar results last qtr.

My dumb move was not to take action and buy puts on Moody’s. I noted last week that I was surprised there were not Congressional hearings into why the ratings agencies gave such high ratings to the junk CDO’s that Wall St created. Today Sen. Dodd called for those investigations. I’m kind of ambivalent. I know these guys messed up ad gave the ratings to gain business, but I also have exposure as BRK owns 18% of them. It will be interesting to hear Buffet’s take on this and see if he buys more on weakness over the coming months.

I’m convinced there will be a full point rate cut by the end of the year and I also think you’ll see Fannie’s conforming limit increased sharply.

[Ozzie]

FWIW, my Schwab portfolio is just about 2% from where it was at the peak of the market after a nice day today. I’m heavily weighted towards DE, CAT, SLB, and BRK and a few tech and Int’l funds. Schwab just upgraded CAT today which was my only concern after their subpar results last qtr.

My dumb move was not to take action and buy puts on Moody’s. I noted last week that I was surprised there were not Congressional hearings into why the ratings agencies gave such high ratings to the junk CDO’s that Wall St created. Today Sen. Dodd called for those investigations. I’m kind of ambivalent. I know these guys messed up ad gave the ratings to gain business, but I also have exposure as BRK owns 18% of them. It will be interesting to hear Buffet’s take on this and see if he buys more on weakness over the coming months.

I’m convinced there will be a full point rate cut by the end of the year and I also think you’ll see Fannie’s conforming limit increased sharply.

[Author]

Posts