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World Stock Markets Trading Discussion - Watchful wangling


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12 minutes ago, DrStool said:

Sofa King classic! 

Those who can, trade. Those who can't, like me, try Dad jokes and "comedy". 😜

16M Dec ES--not all that far earlier this a.m. from filling last night's gap. But now what? Go down and try for a double bottom, up and bump head around 3005-3008? Both? Neither? 🤔

I guess that's why I'm the King of the Sofa and not King of the Traders. 

Screen Shot 2019-09-16 at 10.10.57 AM.png

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I figure somebody should note this idiocy from Trump since nobody else has.

 

9/11 Tweet.

The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. We have the great currency, power, and balance sheet.....

 

 There is a slight problem with this "refinance our debt" thing.  The Treasury hasn't issued a callable bond since 1987.  Oh well,  Munchkin should get right on it. I'm sure the market would love 50  billion or a trillion in non callable Treasury notes called in.  Cripes.

Hey Lee, You have been in contact with Treasury flacks. How about shooting  them a question about when they are going to start to call in Treasuries.

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