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I’m aware of both Modern Monetary Theory as well as behavioral economics. I’m aware of what bankers say “off tape” or “LDL”, (“let’s discuss live”). I’ve worked
by benreesman 3y ago
I’m aware of both Modern Monetary Theory as well as behavioral economics. I’m aware of what bankers say “off tape” or “LDL”, (“let’s discuss live”). I’ve worked places where we said “he was with us at Goldman”, because I’ve worked at places and during times that were so elite that my last name, Reesman, which is Dutch, was overlooked for “sounding too Jewish”, which is an actual thing I’ve been tapped on the shoulder about but still to this day don’t understand. I’m not aware of what social dynamics are in play when sounding too Jewish is an issue. Bet your ass New York bankers say shit like that though.
You sir, like many, imply an academic knowledge of markets that would be tradable. If you know what’s wrong with my comment there’s serious money in it, and no one can buy the education you’re implying because the price would be the arb value of all the misprinted securities, trillions easily.
I’m asserting that actual guys called names like Cavendish, who get the actual spread by virtue of being in jobs where you need a name like that laugh in their beer, I’ve been there and I’ve seen it.
“You’ve never dealt with Harkonnens, I have, they’re not human they’re BRUTAL”.
You’re free to disagree, and free to do so under a pseudonym. But if you know anything I don’t about markets generally and US sovereign debt markets in particular I don’t: fuck this HN shit and go trade it. You’ll own HN by the close of business tomorrow, and I will be the least of your worries.