LAboys2008
voted
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Ready to let your uninvested money work for you? With market fluctuations, having some liquid assets may be a move to consider—and we've got exciting news for you!
By joining the Moomoo Cash Sweep Program, you can earn a remarkable 5.1% APY on those funds.
Interested? Let's dive in!
What's Moomoo Cash Sweep？
It's a cash management feature of the brokerage account from Moomoo Financial Inc. ("MFI"). When you enroll, ...
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LAboys2008
commented on
$First Republic Bank(FRC.US$ Rumor first say FDIC would close FRC by end of Friday, then they extended to Sat morning; then we see “by Sunday noon”, “FDIC is working overtime , by late night before Aisian market open…”, rumors keep extending the deadline, but nothing happens and FRC is still up and running. FDIC never let any news leak before seize a bank, and they typically do by end of Friday or first thing Saturday morning before bank opens. We never see th...
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LAboys2008
commented on
$First Republic Bank(FRC.US$
US 401 plans, pension funds, institution investment funds hold majority of the shares. US gov will not allow it to fail…it can play out in the following ways:
1. Fed bailout FRC
2. Fed extends unlimited lending at 0 interest rate to FRC
3. Treasury, Fed and FDIC broker deal with the major banks to increase more deposits in FRC in addition to the 30 billion
4. Treasury, Fed and FDIC broker deal fo...
US 401 plans, pension funds, institution investment funds hold majority of the shares. US gov will not allow it to fail…it can play out in the following ways:
1. Fed bailout FRC
2. Fed extends unlimited lending at 0 interest rate to FRC
3. Treasury, Fed and FDIC broker deal with the major banks to increase more deposits in FRC in addition to the 30 billion
4. Treasury, Fed and FDIC broker deal fo...
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$First Republic Bank(FRC.US$
FDIC run out of money already for SVB and Signature Bank, if FDIC wants to shutdown the bank, they typically do it on Friday, and won’t let news out before they seize the bank. The best way is credit Swiss way, ask Chase to take over with some government assistance.
FDIC run out of money already for SVB and Signature Bank, if FDIC wants to shutdown the bank, they typically do it on Friday, and won’t let news out before they seize the bank. The best way is credit Swiss way, ask Chase to take over with some government assistance.
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LAboys2008
commented on
$First Republic Bank(FRC.US$ Big funds are buying it.
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$GameStop(GME.US$ do not sell, shorts need to cover by end of day, which will send it to $260+
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