Investing aside, that would be incredible if they produce something that would help.
Agreed because my great-grandma died with Alzheimer's and it was brutal before they even knew what it was. She was a strong Czech woman and her mind left 3 years before her body/engine ran out of full. Alzheimer's is worse on the living than it is on the victim.spud1910 said:
Investing aside, that would be incredible if they produce something that would help.
Indeed, even the "blind trust" approach doesn't work. But if the SEC can regulate and prosecute insider trading to an extent that reduces it, then there has to be a way to incentivize Congress as wellDefinitely Not A Cop said:
If US congressman and their families were banned from trading in the market, we would all be better off.
Of course, they would then just get a cousin to do it for them, but it's BS that we give elected representatives the power to influence the market through policy, and they can take advantage of that for personal gain, instead of for their constituents.
Run 30K... Tex Ags Business & Investing board has your back!$30,000 Millionaire said:
I want to be in Congress so that I can really crush it.
$30,000 Millionaire said:
I want to be in Congress so that I can really crush it.
$30,000 Millionaire said:
I want to be in Congress so that I can really crush it.
Charismatic Megafauna said:
A couple $50,000 donations to PACs would probably buy you the opportunity to build relationships with congressmen that would get you all the information you need to trade "confidently", without having to be a politician yourself
oldarmy1 said:
Once we break from this range the move will likely be 100+ SPX points, so no rush to be trading a lot. I went with lotto $411 puts on the early push higher, with Consumer Confidence coming out. It wasn't rosey: 57.7 vs 63.0 forecast.
Still, these markets have abused fundamentals, so I quickly went net free on the reaction move down flash below $412.
Wherever we move to from this next macro move there is an epic opportunity with the debt ceiling debate brewing. If both sides dig in and the market's plunge it would be a huge buying opportunity. Why? Because the Fed will initiate QE big time.
I find all this "default" and "debt ceiling" comical. The news people make themselves even more non-credible by hyping this up like they are. They will raise the spending limit. Nobody is going to tie themselves to being blamed for Powell having to create another trillion dollars with the inflation situation like it is. I think the instituational investors know that.Quote:
Wherever we move to from this next macro move there is an epic opportunity with the debt ceiling debate brewing. If both sides dig in and the market's plunge it would be a huge buying opportunity. Why? Because the Fed will initiate QE big time.