The STEW suggestion is interesting, considering it has the ability to trade at such a steep discount to NAV. Normally that would be arbitraged away. It would be frustrating to hold something that doesn’t match underlying holdings in the near term
Thank you for all your insights. This is very informative! Where do you go to see the dollar amount of liquidity the fed is pumping into the economy? I’m curious if the fed will continue to do so, and if so, this momentum can continue for a lot longer. It doesn’t make sense as to why they would provide liquidity in the markets when the economy is so strong.
The STEW suggestion is interesting, considering it has the ability to trade at such a steep discount to NAV. Normally that would be arbitraged away. It would be frustrating to hold something that doesn’t match underlying holdings in the near term
Thanks Garrett. I’m sending your article on the Space X IPO to all my elected officials. You are right. This is not capitalism.
The gold that you mentioned being sold to China. How is the transaction being settled? Is China using T bills for payment?
A Postcards From the Edge comment. Of course, only you will understand that, based on the content of the article, I find this sentence:
"The AI versions acheive 94% accuracy compared to 85% for human lawyers."
absolutely100% funny! If you don't figure it out, email and I'll send you a hint!
It's identifying risks in NDAs...
60% of the time, it works everytime...
I think you missed my point. Read the line and try again! :-)
Okay, you got bored and went to bed. Don't blame you. Obviously I did not ACHIEVE my goal.
I get it. Thank you.
Fascinating about money markets going vertical since 2017. Is this basically the beginning of Yellen/treasury QE as well?
It was Mnuchin…
Are you trimming gold?
No.
Thank you for all your insights. This is very informative! Where do you go to see the dollar amount of liquidity the fed is pumping into the economy? I’m curious if the fed will continue to do so, and if so, this momentum can continue for a lot longer. It doesn’t make sense as to why they would provide liquidity in the markets when the economy is so strong.
So...golddiggers, pimps and lawyers are the most well-trained at making use of derivatives. Do I have that right?
YES!
A FULL market overview. Thank you!!
This is the cherry I've been waiting for.
Nailed it.
Much to digest, let me get to it. This is going to take a minute or three.
Cheers
PS - my Gold comments within your previous post was written before I saw this.