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    Sleepy Joe did it . Inflation raging . I saw 5 restaurants closed yesterday as no staff

    As mentioned in CNN article, Montana removed itself from federal unemployment program. https://www.cnn.com/2021/05/10/economy/labor-shortages-pay-gaps/index.html https://www.wkyc.com/article/news/nation-world/montana-unemployment-benefit-ending/507-81f933e7-9f1d-4994-9ae3-fdd9b56132f3
  2. C

    AMP only vs AMP + Optimus

    I am thinking about opening an account with AMP using CQG. Should I go directly to AMP or use Optimus as an IB? Optimus seems to have a lower commission. I'd appreciate your input. Their commissions: https://portal.ampclearing.com/account/commissionquote.aspx...
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    Why a Democratic win doesn't crash the stock market?

    Assuming filibuster in place, what can Democrats do with 50 seats?
  4. C

    Why a Democratic win doesn't crash the stock market?

    Can filibuster block legislative efforts by Democrats?
  5. C

    Why a Democratic win doesn't crash the stock market?

    Based on current Georgia result, Democrats are likely to control the Congress. I'm surprised the stock market doesn't go down. What's your opinion?
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    Why the Bulls are still around?

    If the Fed can print as much money as they want, why don't they buy all the national debt making US debt free?
  7. C

    The consequence of pandemic financial stimulus

    This article can shed some light on the issue. I didn't see it when I started the thread. https://www.marketwatch.com/story/call-it-fate-call-it-karma-why-the-coronavirus-is-merely-the-final-kick-into-the-abyss-for-the-us-economy-2020-05-19?mod=home-page
  8. C

    The consequence of pandemic financial stimulus

    What I am wondering is what will be the consequence of current huge money printing and borrowing? Why the market doesn't demand higher long term interest rate due to inflation worry?
  9. C

    Bernie Sanders wants to tax Wall St to pay for college. 1/2% tax on all trades

    Sanders said he would raise the money to pay off the nation's student debt by adding a 0.5% tax on stock trades, or 50 cents on every $100 of stock, as well as a 0.1% fee for bond trades and a 0.005% fee on derivative trades. His campaign estimates the taxes would generate $2.4 trillion over a...
  10. C

    House Democrats reintroducing financial transaction tax with AOC as a co-sponsor

    See what Larry Summers said at the end of the video. The last question asked by the reporter is about new taxes. I give him a thumb up.
  11. C

    Simple TD Ameritrade Order Interface Software

    How do they compare to Interacive Brokers? Do they sell order flow?
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    Greenspan "shocked" at credit system breakdown

    Does Fed have responsibility to prevent bank from making risky loans? No one is blaming Fed on this.
  13. C

    Transaction Tax idea still not dead

    The chance is as slim as he'd become president.
  14. C

    How to get rid of spyware/viruses

    Paulxx, is it worthwhile to get the paid version of Avira? It includes anti-spyware.
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    So when is the voting scheduled?

    Will the house vote on the senate version of the bill? How will get the final version?
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    What time is the vote tonight?

    http://www.c-span.org/
  17. C

    Legislation procedure of Bailout?

    What legislation events are going to happening in both house and senate, if they try to pass it?
  18. C

    Federal funds rate jumps to 7 %

    Neo Dude, thanks for the reply. One more question: Does the government have negeotiating power to get good prices on those assets by threatening to shut down the banks?
  19. C

    Federal funds rate jumps to 7 %

    Could someone answer my question: Can fed give that $700b as loan to those troubled banks with illiquid assets as collateral, instead of buying those assets?
  20. C

    Federal funds rate jumps to 7 %

    Suppose Bank A is in hard-hitting area like CA or FL. The small business in CA or FL have to go to banks in other states, which are not familiar with them and aren't sure about lending.
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