preempalver

6 ms·

1.
by preempalver 13y ago
ahem : http://blogs.reuters.com/felix-salmon/2013/10/08/the-un-terr...
2.
by preempalver 13y ago
Anybody who thinks that IPO pricing is done by DCF.....
3.
by preempalver 13y ago
its here! http://www.newyorkfed.org/markets/opolicy/operating_policy_1...
4.
by preempalver 13y ago
Ok lets agree to disagree :). Just FYI, 10 Yr Aug UST low yield (best price for bank to buy) was 258bps. Highest rate for Aug was 278bps (highest point at which the fed could have bought). By doing the flip the bank could make a yield of 20
5.
by preempalver 13y ago
Agree, selling will be problematic. The fed's probably going to use reverse-repo to exit. See http://www.voxeu.org/article/exit-path-implications-collater... and http://ftalphaville.ft.com/2013&#x2
6.
by preempalver 13y ago
The original comment was to reflect that the Fed is not monetizing the government, which is different than influencing the treasury market. The fed is influencing the market by effecting the "rate" not the "size". Just b
7.
by preempalver 13y ago
Where is the hyperinflation? Data please
8.
by preempalver 13y ago
Reducing the supply of UST !=Increasing the money supply. All QE is doing is increasing bank reserves. Unless bank lend the reserves out money supply is not affected. With IOERR and general aggregate demand being jacked, banks are not reall
9.
by preempalver 13y ago
The fed is buying bonds on the secondary market i.e not directly bidding and taking down auctions at treasury. This may sound minute but is a huge point. See http://pragcap.com/understanding-quantitative-easing
10.
by preempalver 13y ago
So 80Bil on 1 Trillion, ie 8% yearly return. Thats a shitty hedge fund
11.
by preempalver 13y ago
Apple also has $15B of MBS (mortgage backed securities) on its books. Near cash it is not. GAAP is correct.
12.
by preempalver 13y ago
Ahem : http://fcic-static.law.stanford.edu/cdn_media/fcic-testimony...