{"id":204706,"date":"2010-01-20T17:22:40","date_gmt":"2010-01-20T22:22:40","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/01\/20\/markets-related-al-qaeda-4-things-nassim-taleb-intuition-is-wrong-severity-and-probability-soverign-bonds-indirect-foreign-ust-bidders\/"},"modified":"2010-01-20T17:22:40","modified_gmt":"2010-01-20T22:22:40","slug":"markets-related-al-qaeda-4-things-nassim-taleb-intuition-is-wrong-severity-and-probability-soverign-bonds-indirect-foreign-ust-bidders","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/204706","title":{"rendered":"Markets Related: Al Qaeda, 4 Things, Nassim Taleb, Intuition Is Wrong, Severity and Probability, Soverign Bonds, Indirect (Foreign) UST Bidders"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"bill-coppedge-dec09-1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/bill-coppedge-dec09-120.jpg\" width=\"88\" height=\"132\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/original-content-selection-by-MortgageNewsClips.com20.jpg\" width=\"317\" height=\"67\"><\/a> <\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/seeking-alpha16.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"seeking-alpha1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/seeking-alpha1_thumb6.png\" width=\"153\" height=\"50\"><\/a> <\/p>\n<p><strong>The Financial System: More Dangerous than an Al Qaeda Attack?<\/strong> &#8211;&nbsp; John Lounsbury &#8211; &#8230;&nbsp;&nbsp; The quote is from a penetrating indictment of the state of the financial world, written by Frank Rich yesterday in <a href=\"http:\/\/www.nytimes.com\/2010\/01\/10\/opinion\/10rich.html\">The New York Times<\/a>.&nbsp;&nbsp; The danger that Rich refers to as greater than Al Qaeda is our financial system. This Op Ed is as good a description of the viper we call finance as I have read.&nbsp; <strong>While the average man on the street is likely to recognize the name Al Qaeda, many will probably shrug their shoulders at the mention of CDO or MBS.<\/strong> A mention of other financial derivatives based on the aforementioned unrecognized instruments will just deepen the glaze covering the eyes of Mr. Average American &#8230; &#8211; <a href=\"http:\/\/seekingalpha.com\/article\/181849-the-financial-system-more-dangerous-than-an-al-qaeda-attack?source=email\">Seeking Alpha<\/a><\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/usn_logo.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"usn_logo\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/usn_logo_thumb.png\" width=\"125\" height=\"38\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/yahoo-news.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"yahoo-news\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/yahoo-news_thumb.jpg\" width=\"162\" height=\"34\"><\/a> <\/p>\n<p><strong>Let&#8217;s Hope These 4 Things Don&#8217;t Happen &#8211;<\/strong> By Rick Newman &#8211; (<strong>on housing, stocks, debt, consumer<\/strong>) &#8211; <a href=\"http:\/\/news.yahoo.com\/s\/usnews\/20100113\/ts_usnews\/letshopethese4thingsdonthappen\">US News Yahoo<\/a> <br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/gladwell.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"gladwell\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/gladwell_thumb.png\" width=\"244\" height=\"26\"><\/a> <\/p>\n<p><strong>long and a must read &#8211; Blowing Up &#8211; How Nassim Taleb turned the inevitability of disaster into an investment strategy<\/strong> &#8211;&nbsp; hattip John Cervarich &#8211;&nbsp; <a href=\"http:\/\/www.gladwell.com\/2002\/2002_04_29_a_blowingup.htm\">Gladwell.com<\/a>&nbsp; <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/www.stocktradersdaily.com\/News%20Release\/newsrelease_258311510keerates.html\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"std1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/std1.png\" width=\"258\" height=\"339\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/stocktradersdaily.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"stocktradersdaily\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/stocktradersdaily_thumb.gif\" width=\"229\" height=\"52\"><\/a> <\/p>\n<p><strong>read this &#8211; intuition is wrong &#8211; Interest Rates vs. the Stock Market: DIA, SPY, QQQQ, TBT, PST<\/strong> &#8211; BY Thomas H. Kee Jr. &#8211; &#8230; For example, because<strong> higher interest rates often dampen economic activity, one might argue that the Market weakens during increasing rate cycles.<\/strong>&nbsp; Evidenced by the graph below, <strong>that is not the case<\/strong>.&nbsp; In fact, during tightening cycles, the Market actually performs well. &#8230; &#8211; <a href=\"http:\/\/www.stocktradersdaily.com\/News%20Release\/newsrelease_258311510keerates.html\">Stock Traders Daily<\/a> <br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/blogs.reuters.com\/felix-salmon\/2010\/01\/14\/crisis-chart-of-the-day-the-correlation-between-severity-and-probability\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"f1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/f1.jpg\" width=\"246\" height=\"264\"><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/reuters-felix-salmon1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"reuters-felix-salmon\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/reuters-felix-salmon_thumb1.png\" width=\"145\" height=\"48\"><\/a>&nbsp; <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/reuters11.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"reuters\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/reuters_thumb11.png\" width=\"153\" height=\"51\"><\/a> <\/p>\n<p><strong>Crisis chart of the day: The correlation between severity and probability<\/strong> &#8211; by Felix Salmon &#8211; The World Economic Forum has released its annual Global Risks report, which kicks off with this chart: &#8230; <strong>But the really scary thing, for me, is the pretty clear positive correlation between severity and likelihood: the trillion-dollar risks all have a significant probability of happening,<\/strong> with the most severe risk of all \u2014 a global asset price collapse \u2014 being associated with a probability of well over 20%. &#8230; &#8211; <a href=\"http:\/\/blogs.reuters.com\/felix-salmon\/2010\/01\/14\/crisis-chart-of-the-day-the-correlation-between-severity-and-probability\/\">Reuters Blogs<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/barrons1.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"barrons\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/barrons_thumb1.gif\" width=\"132\" height=\"54\"><\/a> <\/p>\n<p><strong>Government Bonds &#8212; the New Junk?<\/strong> &#8211; By RANDALL W. FORSYTH &#8211; That&#8217;s gold&#8217;s message, more than inflation. &#8211; FROM GREECE TO CALIFORNIA TO JAPAN, markets are beginning to worry about what traditionally is deemed a risk-free asset: government debt securities. <strong>And that arguably lies behind the rise in the price of gold.<\/strong> &#8211; <a href=\"http:\/\/online.barrons.com\/article\/SB126353657002329483.html?mod=BOL_hpp_dc\">Barron&#8217;s<\/a> <br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/zero-hedge9.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" border=\"0\" alt=\"zero-hedge\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/01\/zero-hedge_thumb9.png\" width=\"169\" height=\"48\"><\/a> <\/p>\n<p><strong>Indirect Bidders Are Fleeing The Short Bond &#8211;<\/strong> Submitted by Tyler Durden &#8211; &#8230; Indirect bidders (<strong>aka Foreign Investors) continue to bid up US Government securities, their interest in the short end of the curve has not only declined<\/strong>, but accelerated redemptions have left Indirects with a heavily weighted long bond exposure. &#8211; <strong>has curve thoughts and great graphs<\/strong> &#8211;&nbsp; &#8230; &#8211; <a href=\"http:\/\/www.zerohedge.com\/article\/indirect-bidders-are-fleeing-short-bond\">Zero Hedge<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=lchDJejWA60:dpb5vk0rRvk:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=lchDJejWA60:dpb5vk0rRvk:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=lchDJejWA60:dpb5vk0rRvk:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=lchDJejWA60:dpb5vk0rRvk:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=lchDJejWA60:dpb5vk0rRvk:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=lchDJejWA60:dpb5vk0rRvk:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=lchDJejWA60:dpb5vk0rRvk:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/lchDJejWA60\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The Financial System: More Dangerous than an Al Qaeda Attack? &#8211;&nbsp; John Lounsbury &#8211; &#8230;&nbsp;&nbsp; The quote is from a penetrating indictment of the state of the financial world, written by Frank Rich yesterday in The New York Times.&nbsp;&nbsp; The danger that Rich refers to as greater than Al Qaeda is our financial system. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-204706","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/204706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=204706"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/204706\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=204706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=204706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=204706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}