by Tom Ventresca | Sep 2, 2019 | Mr. Seifert Sez
Inverted Yield Curve Mania I don’t know about you, but I can’t wait until Congress comes back and the fun can start again. I didn’t realize how much I would miss them when they took a break to recharge their hate for the other side. Life has been boring since they...
by Tom Ventresca | Aug 25, 2019 | Mr. Seifert Sez
Maybe UBS Should Have Called It NO! It never fails. The lure of easy money selling naked options has proven time after time to be a loser. Perhaps you recall a firm called Bear Sterns or Lehman Brothers, Long Term Capital or the Granddaddy of them all AIG. These...
by Tom Ventresca | Aug 18, 2019 | Mr. Seifert Sez
Trump’s Folly? March 30, 1867 the United States Secretary of State William Seward reached an agreement with Russia to purchase Alaska from The Czar for a price of $7.2 million dollars. Critics of the deal referred to it as “Seward’s Folly” and claimed...
by Tom Ventresca | Aug 4, 2019 | Mr. Seifert Sez
I Just Don’t See The Need For A Cut On Wednesday, Federal Reserve Chairman Jerome Powell announced that The Fed had decided to cut interest rates by 25 basis points. The market was expecting 50 basis points and immediately sold off. In fact, the S&P- 500 had its...
by Tom Ventresca | Jul 28, 2019 | Mr. Seifert Sez
Special Volatility Alert! We have received a number of comments and questions about the recent record low volatility and how that effects our releases. I think the first thing that we do is to explain how “air in the balloon” is calculated and then explain how that...
by Tom Ventresca | Jul 21, 2019 | Mr. Seifert Sez
This Is Getting Absurd! If you thought last week was goofy in Washington you were only seeing the beginning of the insanity that can only happen there. The current episode started when Nike decided that they should pull a special shoe that was made as a tribute to...
