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GO, CM (other thread!)!;):rolleyes::D^
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An old friend in the bond biness called for Thanksgiving; while I was schlepping a shopping cart around listening to Christmas music yesterday, Dubai's Sovereign Wealth Fund announced a 6 month standstill, pending restructuring, because they were technically insolvent.
Bankers say it's not a massive or important issue (:rolleyes:), but if Dubai has no money, who does? Now bonds are rising sharply, the USD is rallying, and stock futures, copper, silver, oil, and all the other carry trade darlings are down. Never fade the bond market, but there are a lot more yachts named "Contrarian" than there are named "I Follow my Newletter's Advice." Happy turkey. |
Originally Posted by xFF
(Post 12884192)
An old friend in the bond biness called for Thanksgiving; while I was schlepping a shopping cart around listening to Christmas music yesterday, Dubai's Sovereign Wealth Fund announced a 6 month standstill, pending restructuring, because they were technically insolvent.
Bankers say it's not a massive or important issue (:rolleyes:), but if Dubai has no money, who does? Now bonds are rising sharply, the USD is rallying, and stock futures, copper, silver, oil, and all the other carry trade darlings are down. Never fade the bond market, but there are a lot more yachts named "Contrarian" than there are named "I Follow my Newletter's Advice." Happy turkey. |
Originally Posted by mnmag
(Post 12884124)
GO, CM (other thread!)!;):rolleyes::D^
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Wow, I can barely find any sub-$400 domestic fares mid-March... :rolleyes:
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Originally Posted by Hartmann
(Post 12884033)
^
How full was the flight? That was my first taste of KL up front for long-haul. I'm definitely going to miss having that as an 80K redemption opportunity. |
Originally Posted by xFF
(Post 12884192)
An old friend in the bond biness called for Thanksgiving; while I was schlepping a shopping cart around listening to Christmas music yesterday, Dubai's Sovereign Wealth Fund announced a 6 month standstill, pending restructuring, because they were technically insolvent.
Bankers say it's not a massive or important issue (:rolleyes:), but if Dubai has no money, who does? Now bonds are rising sharply, the USD is rallying, and stock futures, copper, silver, oil, and all the other carry trade darlings are down. Never fade the bond market, but there are a lot more yachts named "Contrarian" than there are named "I Follow my Newletter's Advice." Happy turkey. |
Originally Posted by cheepneezy
(Post 12884240)
I really hate to encourage him;), but that was funny.:cool:
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Originally Posted by Anglo Large Clawed Otter
(Post 12884276)
...That was my first taste of KL up front for long-haul. I'm definitely going to miss having that as an 80K redemption opportunity.
However, they are still available for miles that I get, although putting up only 80K SkyMiles frequently will only get you the caboose. |
Originally Posted by gbryan84
(Post 12884289)
I noticed that this morning along with US equity futures down sharply. Guess I got lucky in liquidating more than half of my portfolio for the down payment on the condo last week.
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Originally Posted by mnmag
(Post 12884214)
am an old DBL ex-employee!;)
And you're not that old. |
Originally Posted by mnmag
(Post 12884295)
Wow -- good for you!^
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Originally Posted by mnmag
(Post 12884214)
I knew I liked you when I first saw you posting on the B:rolleyes:X -- am an old DBL ex-employee!;)
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Originally Posted by gbryan84
(Post 12884356)
I didnt know you started out in banking?
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Happy thanksgiving everyone.
A funny thing happened to me when I got to FRA this morning after mr fozz went to catch his flight I headed to the A pier. I entered the lounge and showed a F BP to get in, and the agent was like " Oh mr :rolleyes:, we have been waiting for your arrival" At first I thought oh oh they want the ducks back :eek:;) She got on the phone and started speaking German on the other line, and hands me the phone, at this point I was very confused. I get on the line and say Guten Tag, and who is on the telephone, the one and only Lamps 1E. I tried to see if he could join me at the lounge, but the agent said "IS NOT POSSIBLE" because we were not on same flight, so I walked across immigration to Tower lounge and we had Thanksgiving Champagne ^ |
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