I don't think the fed bank is buying equity outright. They are smart in the fact that they make a loan to a GS or other bank and they inturn take the risk trade. If the bet goes bad the bank will have to still pay the loan back to the fed. In a round about way it is still a proped up scam. It is...
http://dealbook.blogs.nytimes.com/2010/01/04/bernanke-blames-weak-regulation-for-financial-crisis/
if this guy can't see the credit bubble that built up over decades as the casue of the crisis, what the sam hell can he see? :mad:
I think that there is a good chance of a rent deflation also. but what the hay, I was thinking this whole ball of wax would be in the basement of hell by now.
anyone have any problems with futures orders on IB web trader with selecting extended hours on the order ticket when putting in a stop? this is not in TWS but on the web page based web trader
there is a transaction tax in place as we mull over this new Tobin tax. Let me explain.
Trader 1 has a regular account and has a good year. Lets say he makes $1,000,000. He has to pay income tax on this full amount. To keep it easy lets say he pays a total of 40% tax.
Trader 2 has a...
this is just a media blitz priming the public to get ready for the mandatory shift of retirement funds (ira, 401K, 403b, ect.., ect.. ect.....) into safe haven invstments like long term treasuries! Then we can watch as those account balances get inflated away in a hiddent tax but that will come...
I think it can be done but I also think there is a good chance of the account having a spectacular blowup.
I started a couple years ago with an account that I rolled into an IRA from a prior employer. The account had $97,000 at the start. I was heavy into selling condor spreads in the S&P 500...
for the most part, every time the equity market has a big sell off, the money flows into the treasury market. This flow into the treasury market is creating a bid to lower the rates the fed has to pay on new debt issues. I thought Geithner was kind of stupid when he came out with his mumbo jumbo...