Recent content by wheaties

  1. W

    Free utility for downloading economic data from FRED

    Hey everyone, last week I released version one of Observer Desktop. Observer Desktop is a utility for downloading FRED data and saving it to a database on your local machine. You can download the windows installer binaries here. Observer Desktop is free and open source. Source code is on...
  2. W

    My order not reflected in the bid?

    Data feed was ok unless it was something on their end. I sent them a ticket. Thanks for your reply and for introducing me to lightspeed.
  3. W

    My order not reflected in the bid?

    I use Interactive Brokers SMART order routing. Order qty = 300.
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    My order not reflected in the bid?

    Today I bid on an an ETF and I watched for about 15 mins while the market traded .01 to .02 below my bid. At times the bid reflected on the IB Market View was .01 below my bid (I was pretty surprised by this so I took a screen capture). I would like to in what circumstances the bid would...
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    Great Employment Report

    Peter Schiff made an excellent point on one of his webcasts: If the unemployment rate is ~5%, than why is JOBS the major campaign theme of every candidate running for president?
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    Bernie Sanders’ biggest weakness is that he doesn’t understand economics

    I think his failure to understand economics is his second biggest weakness. His biggest weakness is his failure to understand human nature. He has a genetic disorder that prevents him from understanding that I am not going to get up every morning and work a ten hour day so I can turn over my...
  7. W

    Why has gasoline demand fallen off a cliff?

    If you are referring to the chart, it is for US retail sales only.
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    Why has gasoline demand fallen off a cliff?

    http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=a103600001&f=m I read a couple articles over the holiday that said the plunge in oil prices is more from falling demand than from increased supply. So I did a little looking and found the data cited above. I know cars are getting...
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    Low Oil Tax Cut

    >> if oil were 500 dollars a barrel instead of 50, how much would the average consumer spend on energy as a percentage of their income? Over the long term - the same. For the sake of conversation, say all prices went up 10x due to oil. I would raise my hourly rate 10x. A burger would cost...
  10. W

    Low Oil Tax Cut

    Oh I see what you are saying. Well, this applies to everyone whereas most changes in taxes tend to target specific groups. Also, nobody in DC is losing money since the federal gas tax is per gallon. My point was that in the long run its probably not a net benefit to the consumer since wages...
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    Low Oil Tax Cut

    Oil is the worlds minimum wage. I mean when we raise the min wage it isn't long till prices follow, then wages, etc. Why isn't it any different for oil except the spiral winds down? Its happening already. Look here...
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    Economic Reports

    http://www.econoday.com/ No. I have no affiliation.
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