Viewing profile — preempalver

ahem : http://blogs.reuters.com/felix-salmon/2013/10/08/the-un-terr...

Anybody who thinks that IPO pricing is done by DCF.....

its here! http://www.newyorkfed.org/markets/opolicy/operating_policy_1...

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 …

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://ftalphavill…

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 eff…

Where is the hyperinflation? Data please

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 an…

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/und…

So 80Bil on 1 Trillion, ie 8% yearly return. Thats a shitty hedge fund

Apple also has $15B of MBS (mortgage backed securities) on its books. Near cash it is not. GAAP is correct.

Ahem : http://fcic-static.law.stanford.edu/cdn_media/fcic-testimony...