Anyone knows how many American and European funds are bleeding in China? We can figure out who else gets slaughtered along with them. Counter party risk. I can't find a detailed info on that. I am fully long the dollar in forex. Asians and Europeans took huge dollar loans and invested in Eastern Europe, China, emerging market. It's time. Outside the FED's realm
That's info that's hard to obtain. I'm thinking big Gov pensions such as CalPers will've had exposure. ZH has an article behind the paywall about the systemic risk, but it's mostly in regards to China risks. Hong Kong too.
After non stop googling, I can't find if the FED is swapping funds and with which country. Because from that we will know where the blood is. Then we can dig in to find which whale is trapped and bleeding. I think European Amundi may be one because they came out saying they are exposed by 25 million out of their total asset 2 trillions lol
You don't need to go to see comedy movies. Just read these headlines from the funds sitting on huge losses. I am also looking for news on where the fund managers jumping off the window
Europeans have a nasty habit of issuing dollar denominated debt to their buddies who invest in China, eastern eruope and EM. We need to see actually default by Evergrande this week before jumping in. Also note that Evergrande has 30 days grace window. It's not over until the fat lady sings after 30 days
>Analysts fear Beijing will let Evergrande fail and inflict losses on its shareholders and bondholders. --wsj
Smart chinese will inflict huge losses on foreign fund managers. Anal yeast want easy money from China just like the FED. China wants to topple USD by Yuan. Will know what happens this week. I am sitting nicely hedged. Pass the popcorn.
Anyone knows how many American and European funds are bleeding in China? We can figure out who else gets slaughtered along with them. Counter party risk. I can't find a detailed info on that. I am fully long the dollar in forex. Asians and Europeans took huge dollar loans and invested in Eastern Europe, China, emerging market. It's time. Outside the FED's realm
I asure you. What happens is exactly what the FED wants to happen.
FED does not have much influence on EuroDollar i.e. dollar debt by foreign banks. It's double the size of USA debt
FED runs the show. China does not make a decision without FEDs green light.
Anyone knows where I can find FED swap line info ? If foreign banks are in trouble, they will begin using swap lines with the FED
that one? https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
thanks. So they swapped 230 million from 9/14/2021 - 9/15/2021
Need to see whats happening now
Depending on what i see you better should take profits and close your shorts on miners.
That's info that's hard to obtain. I'm thinking big Gov pensions such as CalPers will've had exposure. ZH has an article behind the paywall about the systemic risk, but it's mostly in regards to China risks. Hong Kong too.
European giant Amundi only have 25 million ! I think they are lying.
https://www.reuters.com/article/evergrande-debt-amundi/european-fund-giant-amundi-says-has-25-million-china-evergrande-exposure-idUSKBN2GD17V
Lying is as easy as breathing for these people. We know that
2 trillions in asset and they say exposure is 25 million!! bwaaaaa ha ha ha ha
Every one of these big giants must take out their dirty laundry but they will not do that. People will find out from the smell.
After non stop googling, I can't find if the FED is swapping funds and with which country. Because from that we will know where the blood is. Then we can dig in to find which whale is trapped and bleeding. I think European Amundi may be one because they came out saying they are exposed by 25 million out of their total asset 2 trillions lol
https://www.reuters.com/article/evergrande-debt-amundi/european-fund-giant-amundi-says-has-25-million-china-evergrande-exposure-idUSKBN2GD17V
You don't need to go to see comedy movies. Just read these headlines from the funds sitting on huge losses. I am also looking for news on where the fund managers jumping off the window
I found something. EUFN down 5%
Europeans have a nasty habit of issuing dollar denominated debt to their buddies who invest in China, eastern eruope and EM. We need to see actually default by Evergrande this week before jumping in. Also note that Evergrande has 30 days grace window. It's not over until the fat lady sings after 30 days
keep in mind: sell the rumors. buy the [bad] news.
My plan at the moment. DAX40 about 550 more points down. than up. Means Dow about 900 more points down to about 32,900 than up.
>Analysts fear Beijing will let Evergrande fail and inflict losses on its shareholders and bondholders. --wsj
Smart chinese will inflict huge losses on foreign fund managers. Anal yeast want easy money from China just like the FED. China wants to topple USD by Yuan. Will know what happens this week. I am sitting nicely hedged. Pass the popcorn.
Done
I'd buy that for $10! Thanks for the tip Big G!
It is still not the time to buy the dip [I will wait] .
Shortttttttttt silver and miners. Puts I purchased on Friday are up 33% today !
Good luck. I am not shorting a LAST downmove. Just waiting for my long opportunity.
200 USD dma showing it could be a longer but you may be right. Anything is possible
but TLT calls are up 44% !
Thank you Gregory, appreciate it!
Just ordered my copy!!!