今日の値動は全く驚きではなく、もし予定い通りSQ前後で株が一旦ボトムを付けるなら必要な下げだ。ただ落ちてくるナイフをつかむ必要はない。株の買いは来週からで十分。その時は債券には一旦利食いが入るだろうが、下がったところは日本勢が買うので結果的に株債券も上がるかも（200日で株が戻れば米国人は買わない）そして油断が入ったところで予期せぬ事態、その時は株も債券も下がる。去年と同じでは芸がないので今年はこのシナリオで行こう。その前にチャート的にはOILの90ドル割れの可能性が興味深い。オイルで評価損を抱えているヘッジファンドは87ドルが切れればTHE END
Mr. Mindich（ Eton Park Capital Management） James G. Dinan （ York Capital Management） Glenn Dubin o（Highbridge Capital Management） Paul Tudor Jones. Robert Wolf（ the chief executive of UBS Group AmericasWolf）
From: OTakizawa Sent: Monday, June 13, 2011 10:02 AM Subject: FW: TAKIZAWAレター ２ ＜ビルダーズバーグリスト＞
Belgium • Coene, Luc, Governor, National Bank of Belgium • Davignon, Etienne, Minister of State • Leysen, Thomas, Chairman, Umicore
China • Fu, Ying, Vice Minister of Foreign Affairs • Huang, Yiping, Professor of Economics, China Center for Economic Research, Peking University
Denmark • Eldrup, Anders, CEO, DONG Energy • Federspiel, Ulrik, Vice President, Global Affairs, Haldor Topsøe A/S • Schütze, Peter, Member of the Executive Management, Nordea Bank AB
Germany • Ackermann, Josef, Chairman of the Management Board and the Group Executive Committee, Deutsche Bank • Enders, Thomas, CEO, Airbus SAS • Löscher, Peter, President and CEO, Siemens AG • Nass, Matthias, Chief International Correspondent, Die Zeit • Steinbrück, Peer, Member of the Bundestag; Former Minister of Finance
Finland • Apunen, Matti, Director, Finnish Business and Policy Forum EVA • Johansson, Ole, Chairman, Confederation of the Finnish Industries EK • Ollila, Jorma, Chairman, Royal Dutch Shell • Pentikäinen, Mikael, Publisher and Senior Editor-in-Chief, Helsingin Sanomat
France • Baverez, Nicolas, Partner, Gibson, Dunn & Crutcher LLP • Bazire, Nicolas, Managing Director, Groupe Arnault /LVMH • Castries, Henri de, Chairman and CEO, AXA • Lévy, Maurice, Chairman and CEO, Publicis Groupe S.A. • Montbrial, Thierry de, President, French Institute for International Relations • Roy, Olivier, Professor of Social and Political Theory, European University Institute
Great Britain • Agius, Marcus, Chairman, Barclays PLC • Flint, Douglas J., Group Chairman, HSBC Holdings • Kerr, John, Member, House of Lords; Deputy Chairman, Royal Dutch Shell • Lambert, Richard, Independent Non-Executive Director, Ernst & Young • Mandelson, Peter, Member, House of Lords; Chairman, Global Counsel • Micklethwait, John, Editor-in-Chief, The Economist • Osborne, George, Chancellor of the Exchequer • Stewart, Rory, Member of Parliament • Taylor, J. Martin, Chairman, Syngenta International AG
Greece • David, George A., Chairman, Coca-Cola H.B.C. S.A. • Hardouvelis, Gikas A., Chief Economist and Head of Research, Eurobank EFG • Papaconstantinou, George, Minister of Finance • Tsoukalis, Loukas, President, ELIAMEP Grisons
International Organizations • Almunia, Joaquín, Vice President, European Commission • Daele, Frans van, Chief of Staff to the President of the European Council • Kroes, Neelie, Vice President, European Commission; Commissioner for Digital Agenda • Lamy, Pascal, Director General, World Trade Organization • Rompuy, Herman van, President, European Council • Sheeran, Josette, Executive Director, United Nations World Food Programme • Solana Madariaga, Javier, President, ESADEgeo Center for Global Economy and Geopolitics • Trichet, Jean-Claude, President, European Central Bank • Zoellick, Robert B., President, The World Bank Group
Ireland • Gallagher, Paul, Senior Counsel; Former Attorney General • McDowell, Michael, Senior Counsel, Law Library; Former Deputy Prime Minister • Sutherland, Peter D., Chairman, Goldman Sachs International
Italy • Bernabè, Franco, CEO, Telecom Italia SpA • Elkann, John, Chairman, Fiat S.p.A. • Monti, Mario, President, Univers Commerciale Luigi Bocconi • Scaroni, Paolo, CEO, Eni S.p.A. • Tremonti, Giulio, Minister of Economy and Finance
Canada • Carney, Mark J., Governor, Bank of Canada • Clark, Edmund, President and CEO, TD Bank Financial Group • McKenna, Frank, Deputy Chair, TD Bank Financial Group • Orbinksi, James, Professor of Medicine and Political Science, University of Toronto • Prichard, J. Robert S., Chair, Torys LLP • Reisman, Heather, Chair and CEO, Indigo Books & Music Inc. Center, Brookings Institution
Netherlands • Bolland, Marc J., Chief Executive, Marks and Spencer Group plc • Chavannes, Marc E., Political Columnist, NRC Handelsblad; Professor of Journalism • Halberstadt, Victor, Professor of Economics, Leiden University; Former Honorary Secretary General of Bilderberg Meetings • H.M. the Queen of the Netherlands • Rosenthal, Uri, Minister of Foreign Affairs • Winter, Jaap W., Partner, De Brauw Blackstone Westbroek
Norway • Myklebust, Egil, Former Chairman of the Board of Directors SAS, sk Hydro ASA • H.R.H. Crown Prince Haakon of Norway • Ottersen, Ole Petter, Rector, University of Oslo • Solberg, Erna, Leader of the Conservative Party
Austria • Bronner, Oscar, CEO and Publisher, Standard Medien AG • Faymann, Werner, Federal Chancellor • Rothensteiner, Walter, Chairman of the Board, Raiffeisen Zentralbank Österreich AG • Scholten, Rudolf, Member of the Board of Executive Directors, Oesterreichische Kontrollbank AG
Portugal • Balsemão, Francisco Pinto, Chairman and CEO, IMPRESA, S.G.P.S.; Former Prime Minister • Ferreira Alves, Clara, CEO, Claref LDA; writer • Nogueira Leite, António, Member of the Board, José de Mello Investimentos, SGPS, SA
Sweden • Mordashov, Alexey A., CEO, Severstal • Bildt, Carl, Minister of Foreign Affairs • Björling, Ewa, Minister for Trade • Wallenberg, Jacob, Chairman, Investor AB
Switzerland • Brabeck-Letmathe, Peter, Chairman, Nestlé S.A. • Groth, Hans, Senior Director, Healthcare Policy & Market Access, Oncology Business Unit, Pfizer Europe • Janom Steiner, Barbara, Head of the Department of Justice, Security and Health, Canton • Kudelski, André, Chairman and CEO, Kudelski Group SA • Leuthard, Doris, Federal Councillor • Schmid, Martin, President, Government of the Canton Grisons • Schweiger, Rolf, Ständerat • Soiron, Rolf, Chairman of the Board, Holcim Ltd., Lonza Ltd. • Vasella, Daniel L., Chairman, Novartis AG • Witmer, Jürg, Chairman, Givaudan SA and Clariant AG
Spain • Cebrián, Juan Luis, CEO, PRISA • Cospedal, María Dolores de, Secretary General, Partido Popular • León Gross, Bernardino, Secretary General of the Spanish Presidency • Nin Génova, Juan María, President and CEO, La Caixa • H.M. Queen Sofia of Spain
Turkey • Ciliv, Süreyya, CEO, Turkcell Iletisim Hizmetleri A.S. • Gülek Domac, Tayyibe, Former Minister of State • Koç, Mustafa V., Chairman, Koç Holding A.S. • Pekin, Sefika, Founding Partner, Pekin & Bayar Law Firm
USA • Alexander, Keith B., Commander, USCYBERCOM; Director, National Security Agency • Altman, Roger C., Chairman, Evercore Partners Inc. • Bezos, Jeff, Founder and CEO, Amazon.com • Collins, Timothy C., CEO, Ripplewood Holdings, LLC • Feldstein, Martin S., George F. Baker Professor of Economics, Harvard University • Hoffman, Reid, Co-founder and Executive Chairman, LinkedIn • Hughes, Chris R., Co-founder, Facebook • Jacobs, Kenneth M., Chairman & CEO, Lazard • Johnson, James A., Vice Chairman, Perseus, LLC • Jordan, Jr., Vernon E., Senior Managing Director, Lazard Frères & Co. LLC • Keane, John M., Senior Partner, SCP Partners; General, US Army, Retired • Kissinger, Henry A., Chairman, Kissinger Associates, Inc. • Kleinfeld, Klaus, Chairman and CEO, Alcoa • Kravis, Henry R., Co-Chairman and co-CEO, Kohlberg Kravis, Roberts & Co. • Kravis, Marie-Josée, Senior Fellow, Hudson Institute, Inc. • Li, Cheng, Senior Fellow and Director of Research, John L. Thornton China Center, Brookings Institution • Mundie, Craig J., Chief Research and Strategy Officer, Microsoft Corporation • Orszag, Peter R., Vice Chairman, Citigroup Global Markets, Inc. • Perle, Richard N., Resident Fellow, American Enterprise Institute for Public Policy Research • Rockefeller, David, Former Chairman, Chase Manhattan Bank • Rose, Charlie, Executive Editor and Anchor, Charlie Rose • Rubin, Robert E., Co-Chairman, Council on Foreign Relations; Former Secretary of the Treasury • Schmidt, Eric, Executive Chairman, Google Inc. • Steinberg, James B., Deputy Secretary of State • Thiel, Peter A., President, Clarium Capital Management, LLC • Varney, Christine A., Assistant Attorney General for Antitrust • Vaupel, James W., Founding Director, Max Planck Institute for Demographic Research • Warsh, Kevin, Former Governor, Federal Reserve Board • Wolfensohn, James D., Chairman, Wolfensohn & Company, LLC
From: OTakizawa Sent: Monday, June 13, 2011 8:13 AM Subject: TAKIZAWAレター ＜米国が選んだ次の日本のリーダー＞
US Treasuries trading modestly lower into the NY open Monday and extending weakness seen in Asian trade. However, volumes are thin and conditions illiquid given most of Europe is observing Whit or Penstecost Monday holiday. USTs are lagging Bunds, with reported selling of 5s overnight in the Tokyo session and also rate paying. However, in the London session prices prices pared losses on short covering by trading desk as Bunds squeezed higher as Portugal and Ireland widened to fresh record highs at +802bps & 817bps, respectively, on speculation that both these countries will have to also follow Greece if the private sector is forced to share burden in any new bailout agreement. Greek spreads widened 19bps on unsubstantiated market talk that the Greek govt doesn't have enough cash to survive beyond July 15. The Fed is due to conduct outright UST purchases of maturities of between Aug 2018 to May 2021 for an expected size of between $4.0-$5.0bln. Elsewhere, Richmond Fed President Lacker and Dallas Fed President Richard Fisher are due to speak.
そもそもあれだけの危機を起こし誰も逮捕されなかったのはこの国が変貌した証明。日本の雑誌「選択」ではヘッジファンドがスラスカーンを嵌めた背後にいるなどとしていたが、なんでもかんでも陰謀説にする輩はともかく、ここまで金融が思うがままの世界の果ては、やはりTHE ROADかBOOK OF ELIしかない悪い予感。ならばそのリスクを遠巻きに指摘するフィッシャーダラス連銀総裁と、全く眼中にない真面目なバーンナンケはどちらがより頭がいいのだろう・・。
