This page has been archived and commenting is disabled.
Meet Kevin Henry, ETF Trading Expert?
By now everyone has heard of the NY Fed's most famous employee (who did not work at Goldman Sachs previously): Kevin Henry, who according to his latest LinkedIn profile was recently promoted to Senior Associate at the Capital Markets desk at the NY Fed (and if they haven't, a refresh can be found here, here and here). Which is fine: Kevin deserves all the recognition and accolades that are due to anyone who manages to centrally-plan the world's biggest bond market. Because after all that's what the Fed does: it intervenes in the bond market. Nothing strange about that.
And yet we have one question: why does Kevin seem to exhibit an absolute fascination when it comes to equity ETFs?
According to Kevin's LinkedIn page, the young NY Fed "Portfolio Manager" is a member of virtually every single ETF group possible such as:
- ETF
- ETF(k) Retirement Plan
- ETF.com
- ETF Trading Techniques
- ETFs & Index Options
- The SPDR ETF Financial Advisor Forum
- And, stuck inbetween, Multi-Asset Investors and Automated Trading Strategies (for Algo Traders of Stocks)
From his profile (link):
One assumes these are purely extracurricular interests pursued by the full-time NY Fed employee, because the last scandal this subsidiary of Goldman Sachs located at 33 Liberty Str, pardon, the New York Fed needs, is for someone to find out that in addition to bonds, its employees are also moonlighting, quite illegally, as ETF index traders (especially in the time between 11:00 and 11:30am and just after 3:30 pm every trading day).
- 18826 reads
- Printer-friendly version
- Send to friend
- advertisements -




Interesting because ETF's (SPY, IWM) in stock indexes can replace Futures as an ignition mechanism. Pushing the price of an ETF above its fair value should incite buying in the underlying stocks. Without "technically" buying equities, of course.
Why don't they just come right out and say they are propping up / managing all markets at this point?
Futures, ETF's, Treasuries, Repo markets, Oil, Metals (holding prices down). They are spinning plates in order to keep the plates spinning, but they can't keep spinning forever. Nothing is more damaging than parabolic debt (see Japan).
Dislocation cometh, as we all know. Just a matter of time.
Look at his resume.
School, then government.
If EVER there was a classic example of a parasite, it is this parasite. Never a productive effort exerted in his entire, useless life.
Until the parasitic load is reduced, the host will suffer... and possibly die.
How much skill is required to push the "buy SPY" button?
Never trust anyone with two first names.
Controlling equities is absolutely essential for market stability and confidence in the economy over the long term. Our Federal Reserve has spent decades perfecting their master plan to engineeer excessive risk out of the markets once and for all, so that we can have a functioning stock and bond markets with steadily rising prices and falling interest rates in perperuity. This is good for a number of reasons:
1. It benefits retail investors and traders who aren't soffisticated enough to pick individual investments, and just want to get steady reliable returns
2. It allows investors to trade freely without expensive hedges
3. It makes economic planning easier for our government and Federal Reserve
4. It alloiws investors to use more leverage in the stock market and get better returns
5. It encourages people to put more money in IRAs and pension plans where the government can ensure that their money is taken care of until they retire
A well-deserved -1 for a classic MDB post.
soffisticated investment portfolio. We have a new financial acronym.
SIP
/sarc
What a nice clean-cut young man. He'll go far. I'm sure he'd never leverage his knowlege of the inner workings of the Fed to advance a career in the private sector (Wall St). Such an upstanding young gentleman would never allow himself to be put in a position with such a conflict of interest.
All true, but what should a guy like this do once his time in gov't is over? Go back to school to learn underwater basketweaving? or take $5 mil/yr from GS? Ah, to have such problems.
"where the government can ensure that their money is taken care of"
See what I did there?
Fraud is fraud. It is illegal and Immoral.
Nice to see you again.
Wish you'd show up a little more often.
Surely!
What I can't believe is we're still so irresponsible as to leave the pricing of gas, food, electricity and even water to anything but strict & responsible government control.
We need stability and we need it now!
Won't someone please, please fink of da shilldren
you got that right!, oh wait? :\
or two surnames.
He flunked the equity diversification class.
So it is actually a good thing
The same amount you acquire when you are educated in a communosocialist education indoctrination program like Common Core and end up being a good obedient slave to your masters
His hobbies are receiving pats his head, begging for snausages, receiving a gold star on his report card, and watching fictitious numbers being conjured out of thin air. His favorite time of day is just after sunset. His favorite day of the week is Friday. He's had a recent fascination with vampires and blood. Lots and lots of blood
He didn't appreciate my call a few minutes ago asking him about his thoughts on his Quinceañera on ZH. He said it reminded him of the pain he felt at his circumcision and hung up. The Pavlovian force is strong in this one
Must be some skill required. I can't do it.
No skill indeed but you should avoid ordering pizza at the trading desk for 11.49 while trading SPY
I wonder if he realizes how nail-gunnable he is, being so young, yet so empowered?
It's winter. The guy could berushe by a snow plow. (especially if he as thrown under it)
Technically the federal reserve is not government, otherwise point taken.
More like "nitpickingly," as they're both subsidiaries of the same mafia.
Totally is government. Created by Congress, modifiable through amendements by Congress, can be abolished by Congress if it so chooses. It's primary job is to monetize debt (something Congress could do, but if they did the counterfeiting would be too obvious), on behalf of parasite politicians. That way, it's a bit obfuscated.
There's indeed an overlap with "private" since the shareholders (which are probably some of the biggest primary dealers) are well, "private".
But they can't sell the shares (by law) they hold in the Federal Reserve and are, in this regard, they are basically government.
Could it be you forgot the most important thing: a member of the tribe?
I looked at his resume and don't see a goverment job. Please show me where its at.
You don't understand, friend.
They ARE the government.
P.S. English literacy and spelling are learnable skills.
Gubbamin borrows from FRB. FRB is an unconstitutionally legislated and unlawfully legal part of the gubbamin. Therefore Kevin works a gubbamin job.
Down arrow for lack of initiative in connecting the dots.
And wall st wants to protect themselves from derivatives exposure by laying it on the backs of taxpayers. A fucking joke.
School, then government.
This is precisely why we find our selves in this centrally planned, authoritarian rape dungeon formerly known as the USA. Because people still believe the Federal Reserve is actually a Federal agency. It is not. It is a privately owned bank. How did you manage to acquire a ZH account without understanding this fundamental truth? How did you even find ZH for that matter?
The twelve regional Federal Reserve Banks were established as the operating arms of the nation's central banking system. They are organized much like private corporations—possibly leading to some confusion about ownership.
The Federal Reserve Banks have an intermediate legal status, with some features of private corporations and some features of public federal agencies. The United States has an interest in the Federal Reserve Banks as tax-exempt federally created instrumentalities whose profits belong to the federal government, but this interest is not proprietary.[7] In Lewis v. United States,[8] the United States Court of Appeals for the Ninth Circuit stated that: "The Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations." The opinion went on to say, however, that: "The Reserve Banks have properly been held to be federal instrumentalities for some purposes." Another relevant decision is Scott v. Federal Reserve Bank of Kansas City,[7] in which the distinction is made between Federal Reserve Banks, which are federally created instrumentalities, and the Board of Governors, which is a federal agency
" I never said the Fed was independent" Alan Greenspan, recently.
No, I don't believe the Federal Reserve is a Federal agency.
However, I have understood something that escapes you, in your delusional belief that there is a separation between the various branches of the State (nominal government, captured regulators, protected "private" enterprises which operate under a state license).
A propensity to point to distinctions without differences is an indication of a....weak mind.
He's basically the equivalent of a madame at the whorehouse except without the trade for value thing.....
Technically, the federal reserve isn't "government."
Because then the Pawlowian buzzword "conspiracy theory" would no longer work?
Propping the market is like cheating on a spouse, you never admit it…. You let them wonder.
Rutgers? For a Master of the Universe? No MIT or Princeton? What a decline...
and NOT jewish! how could this be? are the jews giving up their future as rulers of the world???!!!!
It’s about to fall apart and ‘they’ will not be chosen as scapegoats this time. LOL
I don't have time to dig into this man's whole family history, but I take it that he is a white shoe boy.
The swells go directly into Goldman and JPM where they can profit from the FED. Guys like Kevin need to put in some time hitting the print button before joining the sqid.
Dear Kev,
Know the lesson of SAC capital well:
Only the Goy pay the piper.
Have an out, as you one day will be hung out to dry and wither in the sun, or just thrown from a building.
You are welcome.
An American, not US subject.
If he was a "Master of the Universe", he'd be at GS or JPM.
No, I'm guessing that the Federal Reserve has hiring practices that are similar to General Electric. They hire people of above average, but not exceptional, intelligence, straight out of second- and third-tier business schools, who don't have meaningful work experience elsewhere (i.e., no deprogramming necessary) and put them into a highly structured training program indoctrinating them in the "GE Way". They want people who are ambitious, unimaginative, hard working, and just bright enough to follow orders, but not so bright as to question them.
Kev' is an ugly douche with a dick-shaped head.
Blah- he stopped thinking for himself back in 2001......
Did yall cut off the 'Fucking Idiot' caption underneath the photo?
He needs his face washed out in a pile of dog shit!
If Kev is on the phone w/ the BoJ trading desk and they do some swaps shit, it's still merely a theoretical interest ...
What a major league asshole.
Ahh 33 liberty. Its funny how the street starts at #33.
Seems someone had the liberty to choose whatever odd number appealed to them.
That is pretty funny though. It's a bit Gruberesque, no? Don't they have a don't spill the fuckin beans clause somewhere?
He should be watching porn like his colleagues at the SEC.
Kevin watches gay midget porn. SEC prefers female oriented porn.
repeat
why watch when you can be part of the action?
Fuck Kevin Henry and horse he rode in on. Please get this article back on the front page where it belongs Tyler.
http://www.zerohedge.com/news/2014-12-04/inside-look-shocking-role-gold-...
Seriously. I don't have time till the weekened to read that in full, but anyone with more than hot air in their noggin knows from a cursory skim what good information is presented in there. Sticky that shit!
After reading it, I'm tempted to do a rethink on gold, as anything other than a Fed/CB plaything. And that coming from one who has been an admirer of AU for decades.
It's all rigged.
It's all rigged, every aspect of everything, and gold is a CBs' plaything indeed, but there are two billion people on this planet, out of seven, who look at gold and see/know/feel its value as a store of wealth. No programming or brainwashing can convince them otherwise.
There are many useful things you can buy and hold at the present, that will not be available or will be very hard to acquire, in the future. Storage and maintenance is a sunk cost, but the returns may be invaluable some day.
Many compliance offices don't require reporting ETF trades.
Give me access to billions of dollars at 0.01% and I would be a trading "expert" too...
One of the first stops on the guillotine tour has to be 33 liberty.
Is it genuinely the case that the Fed should NOT be trading equities or equity related instruments?
And, if so, is it (or is it SUPPOSEDLY) illegal for other central banks to do so?
DavidC
He is probably trading ETFs for himself based on the derivative trades he makes for the Fed that move the whole market.
Stop being coy - we all know the Fed is buying ETFs...
...... Correction, the Fed are owning the ETFs and every other price in "the Markets" formerly know as free markets.
[From KH's CV cont'd]
Things I like:
Slamming the VXX close
Things I don't like:
Wops, greasers, goths, emos, fags, tweakers.
One can assume that, through these guys, the Fed reserve is building its brand name of top market manipulator.
Just for his personal account...he has some pretty good insider information ..he is just using it....future 1%er
FUCK ALL THE BANKERS
SHOOT ALL THE BANKERS!
You can fuck them all you want but that doesn't fix the problem
Pay no attention to the man behind the curtain.
and don't drop the soap.
has ZH co-branded with KH yet? just think of the merchandising opportunties!
Zerohedge
"Who the F is Kevin Henry?"
sign me up for a dozen t-shirts.
It’s standard procedure for the banking cartel: Troll universities to find the most likely, brightest and cooperative potential employee and “Train up a child in the way he should go, And when he is old he will not depart from it.” That’s Kevin Henry. And here’s when he was tapped by Goldman and the NY Fed boys:
Student Highlights, Rutgers University:
March 2007
Kevin Henry Gains Internship with Federal Reserve Bank
The Federal Reserve Bank of New York awarded Kevin Henry, the first student enrolled in the Bloustein School’s dual MPP-MBA program, a position in its Graduate Summer Analyst Program.
http://www.policy.rutgers.edu/news/student.html
BANK OF CANADA ("ZBOC-TV") - Invites Canadians to Propose Design Ideas for a Bank Note Marking - Canada's 150th Anniversary The Bank of Canada is inviting Canadians to propose ideas for the design of a new bank note to celebrate the 150th anniversary of Confederation in 2017. As announced earlier by Minister of Finance Joe Oliver, the commemorative bank note will be broadly available by 1 July 2017. Details on the denomination, the number of notes that will circulate and the means to obtain them will be made public closer to the issue date. Canadians can contribute to this special anniversary project by visiting a dedicated webpage and providing ideas about what would best represent Canada's 150th as well as how these can best be depicted in images on a commemorative bank note. The survey will run until 8 January. The Bank will be consulting the public and various stakeholders over the coming months in order to ensure that a full range of options are considered prior to submitting the bank note design concepts to the Minister of Finance for approval. Since it was founded, the Bank of Canada has issued two commemorative bank notes: a special $1 note celebrated Canada's 100th anniversary in 1967 and a commemorative $25 note was issued in 1935 in honour of the Silver Jubilee of King George V.
Hmmmmmm...................
I'm not Canadian but I have a couple of ideas that they probably wouldn't accept involving a guy in flannel getting bent over by Mark Carney. Take off you hosers, eh.
A Picture of the QUEEN with a HUGE COCK ! symbolizes how the Monarchy likes to fuck the colonies of the world !
I say a Ricky, Julian, and Bubbles portrait on front, and a liquerachi and Randy portait on the back would be nice.
https://www.youtube.com/watch?v=Jfq3c4Cf1Fs
“Today in our present economic system, if the private bank (Fed) lends a million or billion to the government, our government accepts a piece of paper called ‘money, or a million dollars.’ And the government signs an IOU debt note to the private bank for a M or B and now the private bank and government has exchange medium that can be used as if it were wealth produced by workers on farms or in factories.
“That is how exchange medium for wealth is created as power to private banks to produce…our ‘economic dictatorship’ that rules our society and economic system.” – Robert J. Conlon, Culture Wars Letters
“If you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.” -- Sir Josiah Stamp
(1880-1941) President of the Bank of England in the 1920's, the second richest man in Britain
It is imperative that the debt slaves commemorate the resounding victory of their rulers. What is more fitting than a commemorative bank note? The USA and Canada are no longer independent nations, just as “Ukraine, which parted from Russia in 1991, has never achieved a true independent state. Just like in Russia, or even 80 years earlier in the Weimar Republic, a tribe of vultures descended upon the body of the nation.”
Vladimir Borisov (possibly in January 2005) continues:
"In the early 1990s, backed by the financial power of international Jewish bankers, the vultures bought for pennies, and plainly seized, all major enterprises previously owned by the state. Including the biggest factories and entire sectors of the newly "privatized" national economy. "
In short, the Fed vultures are printing money and buying up the country.
Nothing to see here. The fact that moving an index is relatively easy via ETFs has absolutely nothing to do with this noble individual.
I bet he used to have a surname.
rutgers degree in thinkology - lulz
I'm assuming that "cross-market monitoring" means keeping one eye on the dollar/yen FX, while remaining ready to slam the VIX as needed.
what conflict?!
Dear SEC and FBI,
Please look into whether this individual and others at the Fed use their inside information to trade their personal accounts or give out tips to others in hopes of landing a job later on. If they are using their inside information for personal gain, they are a direct threat to our capital markets and need to be stopped.
I greatly appreciate it,
The wishful guy
Senators, Congressman and everyone else in Washington is doing it. The days of laws and integrity are gone, if they ever were. Now it's a blatant F.U., kiss my ass, to the people, from the President on down.
We have to talk about Kevin...
Does this guy get punched in the face a lot when he goes to public places?
Kevin Henry’s ETF is another shell game piñata.
•1 balloon.
•Newspaper.
•2 cups of flour.
•2 1/2 cups of water.
•Colored crepe paper.
• Paint, crayons or felt markers.
•String.
• Goodies to fill the pinata.
Guess if I wasn’t such a good person, I would go out and resell debt to turn people’s life upside down and inside out. You go kiddo. Watch out for nail guns...
so long as you can keep ducking the bullets released from semi-automatics and aimed at your fucking head, you keep on moonlighting kiddo!!!!
Probably front-running the SPY.
Conflict of interest rate.
Even the HuffingtonPost is saying "Get to work, Madame Chairwoman."
http://www.huffingtonpost.com/2014/12/05/november-jobs-report_n_6276218....
He needs to start selling illegal ciggarettes....
This can't be a serious post can it?
Say what you will about K-Fed but I met and split some free pizza and chatted with him for about one hour at a local FiDi place down the street from 33 Liberty tonight. He seems like a bright guy but I have a very hard time believing he pulls all the levers ZH thinks he does. Without doubt he does know his ETFs though.
Say what you will about K-Fed but I met and split some free pizza and chatted with him for about one hour at a local FiDi place down the street from 33 Liberty tonight. He seems like a bright guy but I have a very hard time believing he pulls all the levers ZH thinks he does. Without doubt he does know his ETFs though.
kev is the new york feds liason to citadel. etf flow through to japanese etf blackhole.
or
dudley's mouth is his cock garage.
that's it, kev is dudley's greek boy squire love interest.
Douche...