Things are going swimmingly in the ‘best healthcare system in the World’, Not.
For those interested in the current events in the U.S., here is a data-driven background to police violence as a systemic problem: https://mappingpoliceviolence.org/.Couple of key charts, focusing on systemic and broad reach of the issue:The chart…
I try to stay laser-focused on the analysis, conscious not to stray into the conspiracy realm. The Fed may buy S&P futures contracts at key market junctures and the government might at times fudge the numbers. I don’t know, and I’m not going there. Some will question the veracity of Friday’s payrolls data.
Honestly, what did everyone think was going to happen? I know, I’ve seen the analyst estimates. They were talking like another six or seven perhaps eight million job losses on top of the twenty-plus already gone. Instead, the payroll report (Establishment Survey) blew everything away, coming in both at two and a half million but […]
The bill for extreme wealth/income inequality is now overdue, and the penalties for ignoring the bill will be as extreme as the inequality.Our socio-economic-political system–let’s call it the status quo–has been hollowed out by extremes of weal…
Some updates on the jobs report this morning for the U.S.Political reaction:Reality bites:New initial unemployment claims last week: 1,603,000. Putting this into perspective:Which brings latest non-farm payrolls figures back to 1Q 2000 levels:So, yeah,…
In fact, I can’t think of anything more bullish, can you?
Fed QE: $5.000B Coupon Purchase 2020-06-05 NY Fed treasury securities operations
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.
A perpetual motion machine is impossible, but what about a perpetual inflation machine? This is supposed to be the printing press and central banks are, they like to say, putting it to good and heavy use. But never the inflation by which to confirm it.So round and round we go. The printing press necessary to […]