Think quickly! what's the financial play following the death of Kin Jong Il
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?





Comments
Similar to Osama, could see a
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
short hennessy
Moody's just released a
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
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
Get on the other side of anyone trading thinking that North Korea matters.
Kim Jong-un, his tubby son,
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.
whatwhatwhat wrote: short
short hennessy
This.
uhh theres no play on
uhh theres no play on this.........north korea is a state in complete isolation
whatwhatwhat wrote: short
short hennessy
Haha I second this, great call.
"One man with courage makes a majority." — Andrew Jackson
Short KRW/USD Short
Short KRW/USD
Short JPY/USD
Short AUD/USD and NZD/USD
thoughts on whether i will
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.
Buy fish oil.
Work hard, play hard.
whatwhatwhat wrote: short
short hennessy
lol
Long ...everything else?
YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...
short elevator shoes and
short elevator shoes and swedish hookers
South Korea will continue its
South Korea will continue its campaign for unification of Korea
King-Jong-nam is rumored to have late kim-jong-il's personality AND he is going through a midlife crisis, so it is likely he will attempt to power struggle with his little brother from another mother. Despite what he said in 2009.
Young Kim Jong was appointed a general without serving, so will not have the control of the military his dad did.
Dude is a fat POS, no self-control, won't be able to resist accepting financial aid from South Korea, which will all lead to NK straying from juche, and eventually becoming more like the present day China - removing the threat of attack on SK and thus upgrading SK's credit rating.
Taking aid and raising the living standard will also be the only way to win the loyalty of the people and prevent one (or more) of daddy's generals from jumping at an opportunity to seize power from an inexperienced leader.
After that transition plays out, there is a spectrum of development scenarios, dependent on the power balances and remaining key players
More is good, all is better