During periods of elevated deeper uncertainty, any and all forecasting models run into the technical problem of risk (probabilities and impact assessments) not being representative of the true underlying environment
Eurocoin, CEPR & Banca d’Italia leading growth indicator for Euro Area economy is pointing to renewed weaknesses in the Eurozone economy in August, falling to its lowest levels in the COVID19 pandemic period:As the chart above shows, Eurocoin…
Via Liz Ann Sonders @LizAnnSonders of Charles Schwab & Co., Inc. a neat chart summarizing the madness of the King Market these days:Yeah, right: PE ratio is heading for dot.com madness levels, PEG ratio (price earnings to growth ratio or growth-adj…
Despite the expiration of the weekly supplement to unemployment benefits at the end of July, U.S. consumer spending continued to bounce back in August, albeit at a slower pace than before. According to preliminary estimates published by the U.S. Census…
Includes Treasury purchases and MBS settlements.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
With all these warning signs pointing squarely back to the middle or end of July, it’s pretty clear that “something” changed the momentum maybe even direction of the economy’s reopening rebound. There’s also no question about what one key part of what might have been responsible, thus the quotation marks surrounding the word “something.”The federal […]
Here’s how much.
Supermarket and convenience store sales – seen as important indicators in the Japanese market – remained consistent throughout the coronavirus pandemic, numbers from the Ministry of Economy, Trade and Industry show. Supermarket sales were predictably e…
According to numbers collected by the UNESCO Institute for Statistics, tertiary students in Oman and Tunisia were most likely to graduate in a STEM field, with between 43 and 46 percent of students receiving a degree in engineering or a scientific, tec…