Search results

Does not make any sense at all. When US Treasury issues new debts through the Treasury auctions, it collects US dollar in exchange for IOU to pay back at maturity, in 2, 5, 10 years etc. Treasury also pays coupons. Of course this is borrowing. Even a high school kid would know that. What is...

This is the fight for the free world and for the ideology. Biden is asking the unity. So basically he is asking all Americans endure the high prices for a while, and he is going to bring down the tyrant Putin...... But no nukes. Sanctions only.

As I said many times, Fed can't control inflation. Even Fed raises rate by a whole 1%, it won't make crude oil come down. Same with corn, wheat and soy bean prices. It will only kill housing market and reduce both retail and wholesale demand. That will bring recession. This is why Biden is...

Wonder how much US $$$ wealth has been erased. A lot of ETFs are linked to Russian stock index. Even some global index products. Also all the derivatives....

I do not mind the names you mentioned. But I want check & balance. Not one section or one group that will dominate US politics for 4 years. Then another president to office and has another totally different policies. But this is how our democracy works. If more than 50% approve, gay...

If you read the info. This will be liquidated and proceeds returned to final shareholders. Ceased to exist since they won't make any money any longer. Fun permanently closed.

Well, at least Biden is not sending American soldiers to Ukraine, not yet.

But here the question is that, how can they liquidate their portfolio since it can't be priced? If they own 10,000 shares of XYZ and XYZ is not trading, there is no way for them to determines its value. It appears they are going to liquidate the holding. Probably a fire sale to any reasonable...

War spending will pop more spending and more American debts. And we still get the infrastructure and Build Back Better pending. How much more are we going to borrow? All the spending will only prop up higher inflation. This is something do not forget.

What I do not like is that the most civilized nations over the world start to grab Russian money. The effect is just the opposite. All the bank asset freeze triggers cross-default. If one bank does not pay the other, the other won't pay the rest. Then a lot of businesses default. Also, a...

Asset can never get a negative value. Owners can just abandon them. No further liability. Do not think SEC or FBI can investigate ETF owners.

I hear a lot of talks of local stores pulling Russian Vodka off the shelf. I just wonder if store owners are going to dump them to drain. Or other ways for them to dispose them. Or they sell to restaurant owners at certain discount. Like to buy some on the dips. Have not tried the Vodka...

Those dumb politicians do not know that there are other ways to do business outside SWIFT. Just like what Jamie Dimon said. There are several work-arounds to avoid SWIFT. What this move does is to drive Russian transactions outside West banking systems. This make those transactions hard to...

He can still says that this is out of his control. It is the stupid Putin and dumb Biden. He is still the smart guy. And he can still raise money and continue to invest. Actually I do not even know who this guy is.

BTC is always a mouse trap.

It seems this ETF will be semi frozen. Existing owners can still trade. But the NAV can't be valued. Nothing the ETF can do about it. Not sure if the ETF has any credit insurance like this. Still this is better than the old GUSH, where its NAV dropped by 90% in one day. Amen!

Yes, all those people who cheerfully put on the Ukraine face do not even know that their wallets or purses are half empty now over the weekend. Some have promised some of their wealth to promote the Ukrainian causes, but did not realize that they do not have the funds any longer. And margin...

The exposure can be $500BB or higher.... Some hedge funds will be hurt. Goes back to the LTCM time.

I see the day trade left is "unlimited". So I assume it is fine.

Relax on beach....