Hi Bill. Firstly, thanks for taking the time to write a blog. I have been reading your posts regularly for the last few months. I saw the yield curve today and almost fell off my chair! 3 month yields falling to 0.6% meaning that investors can see no safe investment that will return any more than that! I picked up some puts on TLT, any way (or any point) going short the shorter maturities?
Either we have seriously over freaked out or this is the tip of one gigantic iceberg. I cant decide. Who woulda thought the 'American Dream' could create such a mess.
Top notch charts and thinking, as usual. --dowoper8tr--
The intent of this blog is to educate, inform and entertain readers, while also serving as an archived learning laboratory of sorts as I try to sharpen my thinking in areas such as volatility, market sentiment, and technical analysis. I also enjoy charging off on tangents and hope that readers may find some illumination or at least amusement in these forays.
Chief Investment Officer at Luby Asset Management LLC in Tiburon, California. Previously worked as a full-time trader/investor and also a business strategy consultant. Education includes a BA from Stanford and an MBA from Carnegie Mellon.
Useless trivia: I once broke the world pogo stick jumping record without knowing it.
4 comments:
You mean the Fed panics?
Hi Bill. Firstly, thanks for taking the time to write a blog. I have been reading your posts regularly for the last few months. I saw the yield curve today and almost fell off my chair! 3 month yields falling to 0.6% meaning that investors can see no safe investment that will return any more than that! I picked up some puts on TLT, any way (or any point) going short the shorter maturities?
Either we have seriously over freaked out or this is the tip of one gigantic iceberg. I cant decide. Who woulda thought the 'American Dream' could create such a mess.
Top notch charts and thinking, as usual.
--dowoper8tr--
The angle up on the right mountain is pretty impressive.
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