Insider buying has picked up but not at August levels
Insiders, C-level officers,directors, and 10% owners of companies, in short the people that know the business the best, has picked up noticeably as the markets have come down. But it's not anywhere…
Wrong to close out euro short
I think we were premature closing out our euro short. There really isn't viable outcome of the European common currency anymore. It's possible that the IMF will bail out Europe and that is probably…
UPDATE: IMF Warns Japan Debt Could "Quickly Become Unsustainable" - WSJ.com
PUT OPTIONS ON JGB is Kyle Bass's favorite trade. UPDATE: IMF Warns Japan Debt Could "Quickly Become Unsustainable" -- IMF warns that Japan's debt could "quickly become unsustainable" if JGB…
It's clear now that a global bank run is starting
The closest parallel to what's unraveling now is the 1998 Asian currency crisis, culminating in Russian default and the collapse of Long Term Capital. This is probably a multiple of 3-10 x worse…