I could be wrong on this, but it is my understanding that the current indictment is for crimes committed under NY state law. A resulting conviction would not be subject to presidential pardon - that only applies to federal convictions. And the NY governor may or may not be inclined toward offering ...

My theory on how this all plays out. Trump is indicted two or three times and goes to his first trial no earlier than late 2024, after the election. In the meantime, Ron DeSantis becomes the Republican nominee and wins the presidency against Biden. If Trump wins all his court cases -- end of story. ...

Thanks for your research. So, given the above, my current best guess about the meaning of "one month ahead" for the US Treasury Par Yield curve is: One month ahead from YYYY-MM-DD means: - First, see if DD exists in the next month. If it does and is a Good Business Day take that as maturit...

I have a put call in to friendly people at the Bank of Canada...

 That's very helpful -- thank you!

Thanks. After some correspondence with a very helpful guy at the NY Fed, I've gotten some clarity on the issue. He didn't know for sure, but his guess was that "months mean months" and without regard to holidays, as these are hypothetical securities. Also, I am now sure that 1 Mo, 2 Mo, et...

Thanks for all the answers so far. So, thinking about it some more, the Treasury has an email link for questions on the CMT par rates and I sent them these two questions: I have two questions regarding the interpretation of the {“1 Mo”, “2 Mo”, “3 Mo” and “4 Mo”} maturity headings.   Q1. Since these...

Thanks, David -- that's very helpful.   BTW, as a follow-up for you or anybody with access to a Bloomberg terminal (or similar).  If the vendor provides a set of spot rates (semi-annual compounding) computed from the  Daily Treasury Par Yield Curve Rates  at any Date, I would much appreciate a scree...

2023 World Happiness Report [ edit ] The 2023 World Happiness Report was a triannual analysis of 2020-2022, heavily influenced by COVID19 and other significant challenges. [24] For the 6th consecutive year, Finland was ranked on top, followed by Denmark, Iceland, Israel and the Netherlands. In the ...

As a fixed income novice, I am trying to wrap my head around the conversion of US Treasury par yield rates to spot rates (zero-coupon rates) using exact US market conventions.  Take the par yield curve here:  Resource Center | U.S. Department of the Treasury If you want to associate a maturity date ...

Thank you <3 William Gibson used it in Neuromancer, and his English has always felt so snobbish to me! Hmm. He is probably my favorite author, and more for his turn of phrase than the storylines. His language is certainly rich, but I don’t know that I quite get snobbish. I think he may have peaked ...

This may be a mistake, as in it should probably be a new thread. But, anyway, the bleeding head Ron DeSantis, the very Trumpian governor of Florida, who is now trying to out-Trump Trump, is pushing a law that would ban Florida universities from teaching any courses with a curriculum based on theore...

1. Why are the most successful (publicly offered) funds (in terms of long-term performance) low cost, cap-weighted index funds and *not* long-short funds? 2. Let's say "the bottom quartile will basically all go to zero". I suspect that will be due to failed clinical trials. If you could pr...

Reports I've seen all say there were balloons involved, maybe metallic balloons. Fire enough bullets and the thing will start to descend, and eventually be low enough to grab it. Tom Cruise could do it. 

Instead of shooting down these "objects" ...
Mid-air retrieval

RIP -- one Chinese balloon