As sick as it sounds, I've been waiting for an event like this to blog.
This announcement seems unprecendented and its big enough to be able to make a profitable financial play.
Here are my thoughts:
While this might bring joy and relief tonight, tomorrow morning the feeling is going to turn into uncertainty. We all know uncertainty brings volatility so what can we do?
I predict the following:
- Shock depreciation of the Korean Won against the USD
- Depreciation of the Yen against the USD
- Selloff of Korean sov and corps, leading to a rise in korean rates.
-Widening of the long-short spread of Korean won denominated bonds
So if my predictions pan out, would this be the play?
- Short won/long usd
- Borrow in Korea, lend in USA/Canada/Swiss
Can't think of other plays
What can you come up with monkeys? What is your financial play based on these news?
Similar to Osama, could see a rise to bullish views. Sell the strength, sell the news.
North Korea was nothing, does not make europe able to restructure their debt any easier.
short hennessy
Long ...everything else?
Haha I second this, great call.
Moody's just released a report, stating that there will be no "imminent" change on Korea's credit rating.
just get long the USD for a few days and go short LVMH as global cognac sales are going to pip down a few %.
Get on the other side of anyone trading thinking that North Korea matters.
Kim Jong-un, his tubby son, is going to fill the void. I wonder if he's going to take a new line or stay on the old retarded one.
uhh theres no play on this.........north korea is a state in complete isolation
Short KRW/USD Short JPY/USD Short AUD/USD and NZD/USD
thoughts on whether i will get killed when im out tonight with a bunch of koreans drinking hennessy giving shoutouts to the fallen leader
Buy fish oil.
short elevator shoes and swedish hookers
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