DrStool Posted March 8, 2020 Author Report Share Posted March 8, 2020 Croatia is a stone's throw from Italy. So far there are 9 reported cases here. A few of them are here in Zagreb. Meanwhile, back home in PA, schools are shutting and the gov has declared a state of emergency. Link to comment Share on other sites More sharing options...
fxfox Posted March 8, 2020 Report Share Posted March 8, 2020 10 minutes ago, DrStool said: Croatia is a stone's throw from Italy. So far there are 9 reported cases here. A few of them are here in Zagreb. Meanwhile, back home in PA, schools are shutting and the gov has declared a state of emergency. There are very close ties between Croatia and nothern Italy, eapcially Trieste region, but Lombardy too. The figures in Croatia will quickly go up. Take care! Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2020 Author Report Share Posted March 8, 2020 Trieste is the connection point by bus. It's an interesting city. I've been in all these affected places on the buses. Link to comment Share on other sites More sharing options...
fxfox Posted March 8, 2020 Report Share Posted March 8, 2020 11 hours ago, DrStool said: There's no shortage of Treasuries, that's for sure. This so called shortage is apprently manufactured because of the collapse in rates and mortgage convexity. A thunderous V reversal and rocket launch is coming on yields. Just to make sure that I got that right: You say that market rates will RISE? So the price of the 20+ year bond (right now circa at 166) will FALL? Correct? You expect that happening soon? In a a few weeks or so? Thanks Doc and sorry for your divorce, I wasn't aware of that. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2020 Author Report Share Posted March 8, 2020 I don't know the timing, but if the thing about this being mortgage convexity hedging, sure, it will reverse. Link to comment Share on other sites More sharing options...
itiswhatitis Posted March 8, 2020 Report Share Posted March 8, 2020 Which financial institutions are the most exposed to the oil junk bond markets? Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2020 Author Report Share Posted March 8, 2020 Russian economy is more dependent on oil than US economy. Link to comment Share on other sites More sharing options...
SiP Posted March 8, 2020 Report Share Posted March 8, 2020 Doc, Warsaw sucks in terms of air quality. Warsaw is regularly in top 10 of cities with worst air quality. There are 30 Polish cities in top 50 (!) due to smog. Unfortunately, due to Democratic processes for the last 30 years (after the fall of communism) there wasn't any politycal party that wanted to stop this coal nonsense. We are the worst performance in Europe and the only country which didn't sign climate deal for carbon neutral till 2050. Zagrzeg and Croatia is way better, and Croatia has way better seaside. I would not talk too much about far right. It's just not true. Poles are very friendly. very. all the best to all of you Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2020 Author Report Share Posted March 8, 2020 Holy crap. Dow futures open down a thousand s&p down a hundred thirty. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2020 Author Report Share Posted March 8, 2020 I'll be in Warsaw April 3-11 Link to comment Share on other sites More sharing options...
fxfox Posted March 8, 2020 Report Share Posted March 8, 2020 Holy crap! Cruel Earl down minus 20%!!!! Link to comment Share on other sites More sharing options...
aussiebear Posted March 9, 2020 Report Share Posted March 9, 2020 Holy crap! All Ords open for 1.5 hrs and down 5%!! Link to comment Share on other sites More sharing options...
Olduvai Posted March 9, 2020 Report Share Posted March 9, 2020 6 minutes ago, aussiebear said: Holy crap! All Ords open for 1.5 hrs and down 5%!! 53 minutes ago, fxfox said: Holy crap! Cruel Earl down minus 20%!!!! This may have been said too many times, but: THIS TIME IT IS DIFFERENT, things are falling apart. Link to comment Share on other sites More sharing options...
Olduvai Posted March 9, 2020 Report Share Posted March 9, 2020 oops, trading curbs hit for overnight futures: https://www.bloomberg.com/news/articles/2020-03-08/rout-in-u-s-stock-futures-would-trigger-trading-curbs-at-5 sank 5%!!! Link to comment Share on other sites More sharing options...
Olduvai Posted March 9, 2020 Report Share Posted March 9, 2020 ASX200 index here in Australia down 6.6% for the day. After the market closed the ASX200 futures dipped another 0.8% to 5700 points. But we are flying blind down here with the S&P500 futures market closed. This is all very weird🤒 Link to comment Share on other sites More sharing options...
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