No. of Recommendations: 8
FIDO shows the current 5 year TIP coupon offering a 1.125% yield.
Schwab shows the current 5 year TIP coupon offering a 1.625% yield.
Wonder why the difference.
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A girl's gotta do what a girl's gotta do to get ahead in this world. Ever wonder if one of the brokers is the counter-party selling you the bond? Some day, when you have nothing better to do, compare Fidelity's prices to trade foreign shares with Interactive brokers. Lat time I looked, their vig was about 15%.
"except for beef, he uses the skyrocketing price of beef to justify bailing out Argentina"
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In the case of most countries, the Administration places high tariffs to protect the profitability of US farmers. In the case of Argentina, he engineered the tariffs on China in a way that our soy been farmers lost China as a customer and all the business went to Argentina. Now he's supporting the import of cheap Argentine meat at the expense of American ranchers. His solution, I guess, is to subsidize the US farmers/ranchers at taxpayer expense.
In addition, the US (along with two other infusions of indeterminate amounts) has agreed to swap $20B USD for (nearly worthless) Argentine pesos, presumably to allow Argentina to pay-off loans previously made by Trump aligned investors (at US taxpayer expense.
I guess it's what we can expect from an administration which would apply tariffs on, say India, to punish them for buying from Russia, yet has not placed any tariffs on Russia itself.
Trump seems to deal differently with countries run by leaders of an authoritarian philosophy by supporting them from the US piggy bank.
Jeff
