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 bought). By doing the flip the bank…
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…
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…
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 and general aggregate demand being…
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
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...
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 bought). By doing the flip the bank…
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…
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…
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 and general aggregate demand being…
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
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...