The Credit Crisis Financial Stocks Short Journal

Plosser yesterday now
'Fed May Need to Taper $600 Billion in Purchases, Bullard Says'

 

Disagree. He might try, but the country will go Egyptian on his (and Timmy's) ass if he does.

 

I'm creating a new journal that I believe has a more up to date name and might attract more people interested on global macro

http://www.elitetrader.com/vb/showthread.php?s=&threadid=215992

I will stop adding entries to this one

 

That was 07-23-2010^^

You can only polish a turd so far...

 

Wow I didn't know that stress tests applied sovereign bond haircuts to only trading books and left banking books as such. Even Steve Jobs was not able to achieve such a level of reality distortion!!!