Kyle Bass

by Larry Levin

I had planned on writing about Tuesday's trading action but was intrigued by what I saw all over the internet on various websites: an interview with hedge fund manager, Kyle Bass. At first I ignored it until it showed up on the 3rd and 4th site I had come across, which intrigued me enough to watch it. Now I know why its up and I have to send it along to you. The following videos are rather shocking because Mr. Bass is allowed to state his case without being shouted down. His point of view, and facts, are striking enough to make the host of the show depressed and declare, "I need a drink." Until then, he had apparently willfully ignored all of the "other" news around him.

He covers

The scam stress tests.
The Keynesian endpoint.
The Japanese economic death spiral.
Demographics.
ZIRP
Central bank money printing
...and more.

VIDEO #1

VIDEO #2

Previous Day's Trading Room Results:

Trade Date: 8/17/10

E-Mini S&P Trades*
(before fees and commissions):


1) FT buy @ 12:55pm at 1096.00 = +1.00 & +.50 (2 lots)

2) Algorithm positions (5)

3) “Reading the Tape” positions (2) combined Secret’s, Algo, & “Reading the Tape” total… +2.00



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