Rural states and those with large tourism industries are the first to put restrictions on all interstate visits as coronavirus case numbers continue to rise in many places in the United States. This is according to a list compiled by CNN.Hawaii, Maine,…
1,058,547,236. Back to school season is just around the corner and that’s the number of learners who still aren’t able to attend class (as of early August) due to the pandemic. According to UNESCO, that figure represents 60.5 percent of all learners wo…
Fed QE: $1.732B Coupon Purchase 2020-08-06
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.
There’s already doubt given how the two major series supposedly measuring the same thing seemingly can’t agree. If the rebound was truly robust, it would show up unambiguously everywhere. But IHS Markit’s purchasing managers indices struggled to get back above 50 in July, barely getting there, suggesting the economy might be slowing or even stalling […]
The abundance of open gaps is one of the many technical issues that give pause about the eventual sustainability of this historic liquidity driven rally.
Google Play Music is officially starting the process of shutting down their service in August, with plans to completely close down servers by December. Low number of users and an inability to capture market share from stiff competition like Spotify and…
The pandemic and the responses to the pandemic have been continuous sources of stress.
Ongoing economic uncertainty exacerbated by the coronavirus crisis has sent Japanese household consumption spiraling. Monthly data released by the Statistics Bureau of Japan show that households of two or more people spent 16.2 percent less in May than…
Thanks to nationwide reopenings throughout the month, the U.S. manufacturing sector continued its rebound in June after sharp declines in March and April. According to the Census Bureau’s latest report on Manufacturers’ Shipments, Inventories, & Orders…