Note this is part of the migration of posts from the SoggyBlog to Medium. The SoggyBlog will no longer be active as of the end of September. Original Post Date on Soggy Blog July, 1 2020 The Federal Reserve did an…

Note this is part of the migration of posts from the SoggyBlog to Medium. The SoggyBlog will no longer be active as of the end of September. Original Post Date on Soggy Blog April 2, 2020 If you are a participant in the USD credit markets, then here is…

Note this is part of the migration of posts from the SoggyBlog to Medium. The SoggyBlog will no longer be active as of the end of September. Original Post Date on Soggy Blog December 27, 2019 OK….lets go over this one more time. Your a seller of 3 million of…

Note this is part of the migration of posts from the SoggyBlog to Medium. The SoggyBlog will no longer be active as of the end of September. Original Post Date on Soggy Blog December 19, 2019 Rick did roll at the Goldman Sachs US Financial Services Conference.

What is your opinion on portfolio trading? The adoption rate has been significant with larger tier 1 asset managers.

When I think of the Federal Reserve buying bonds in the SMCCF, the following scene from Old School pops up in my head - I thought it would be fun to sync up some Miley Cyrus with a visual story for all of the corporate bond purchases in the SMCCF…

A warm day in London meant two things for me: long walks and cold pints. I walked everywhere and with anyone when the temps broke the 25 degree Celsius mark ( that’s around 77 Fahrenheit ). Family, friends and colleagues were forced into marches across the city with me as I…

A quick message from the letter M Are you having trouble with choosing the right letter of the alphabet for your economic forecast? Did you know in 2008 that M was the most frequently used letter in economic forecasts? Why use L, U or the cliche V? M is the…

Act One — The Great Epiphany A colleague of mine at Bloomberg L.P. blessed me with the term Vendor-Puke after a long afternoon of writing enhancement requests for the programming team (A.K.A. DRQS & FYI Bloomberg customers, reps are very diligent about capturing customer feedback). “At the end of the day were just Vendor-Puke with some of these users” I laughed really hard and then thought about my experiences as…