•wow! 10-year Treasure Note futures (ZN) gapped down big after hours (from 131'16 down to 130'12). that was huge (in the normal sense).
•from CNBC, "Dr. Eric Topol expects Covid vaccines will protect against severe disease from omicron infection"
Dr. Eric Topol told CNBC’s Jim Cramer on Tuesday...
covid is a known risk, and we have vaccines to fight it.
what if the Omicron variant was discovered in Swiss? I wonder if the media would have the similar reaction. Back in July, the media also had a similar reaction to the Delta variant "Why The Delta Variant Is Hyper-Contagious: A New Study...
I think crypto currencies would make inflation even worse. we now have another source of money to compete for food, energy, shelter, services... These resources are not unlimited while money could be generated indefinitely. I don't think it's a healthy competition.
the under world loves crypto...
there's no signal for bear market yet. Technically, we had bear market back in Mar 2020. it means this bull is still young (no, this is not a signal, just an observation :).
Evergrande has become China's central bank problem (they lent too much money to property developers, so much of their...
that pedicap driver should consider throwing his name in the hat (for the FED chairman nomination). He shouldn't let his experience and knowledge gained from watching CNBC and postings on elitetrader gone wasted.
or
our resident economist "piejoe" could be the FED chairman. He sounds like a...
https://www.forbes.com/billionaires/
I wouldn't sell short the leading horses in the economy (the ones that have the game changer technology or idea).
however, there's time one could sell these types of companies short, but one would need to be patient, nimble, and keep it small.
BEA reported Q3 real GDP is 2%. if the inflation is factored in, does it mean we have negative GDP growth for Q3 2021?
Total value of all crypto currencies is at 2 trillion dollars. I mean we now have 2 trillion dollars more (in addition to amount of money that has been pumped into the US...
what if Elon told his father-in-law, verbally, that he's going to sell $5 billions of Tesla stock, then the father went on to tell his brother about the hush hush news, then the brother bought 200 puts of Tesla Nov puts. Would this set off alarm at SEC?
would China ask for trades settled in gold or in yuans in the future?
I think oil is going to hit $100 dollar / barrel.
Kellogg: "The company is offering to raise wages and benefits for the employees by an average of $120,000 a year. Workers, however, are not happy with the offer and said that...
I think he could afford a SEC fine.
"Elon Musk has roughly sold $5 billion in Tesla stock this week, and probably isn't done"
probably, that billionaire in Singapore also sold into the pop.
Is there real value in stock markets or is it just pure perception...
the $1 trillion infrastructure bill is going to put the inflation in the high gear!
Biden to sign $1 trillion infrastructure bill on Monday
PUBLISHED WED, NOV 10 20214:02 PM ESTUPDATED 3 HOURS AGO
https://www.cnbc.com/2021/11/10/biden-to-sign-1-trillion-infrastructure-bill-on-monday.html
•from your dear CNBC, "Wholesale prices rose 8.6% year over year in October, tied for highest ever"
https://www.cnbc.com/2021/11/09/wholesale-prices-rise-8point6percent-year-over-year-in-october-tied-for-highest-ever.html
•from PBS public television, "In the late 1970s, in America, prices were...
fed fund rate futures indicates it's 95% of the rate hike in ...
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current US inflation rate is 5.25%
The limit of SIPC protection is $500,000 (for stock holding), which includes a $250,000 limit for cash per account.
I'd stick with those major firms like Schwab, Etrade, Fidelity, Merrill Edge, GS Marcus,