Another overnight coronavirus related scare as China had to greatly up its estimates of the infected, yet no worries, the market remains as much on autopilot as the Fed remains in denial […]
CUSIP: 912796TK5Term and Type: 21-Day BillCMB: YesOffering Amount: 40 BillionAnnouncement Date: 02/13/2020Auction Date: 02/18/2020Issue Date: 02/20/2020Maturity Date: 03/12/2020PDF | XML
Only fools are blind to the potential for this uprising to extend to Apple and the rest of Corporate America’s greedy exploiters who’ve been delighted to profit from the protection of the CCP. Let’s start our “Come to Mao” reckoning with the obvious:To …
Back last June, the dollar had broken its upswing. DXY, one major dollar index, had fallen sharply as had most if not all of the rest. This one had given up most of its “gains” in a relatively short period. That said, to some, the greenback had definitely hit its high. All downhill from there. […]
Fears over machines aren’t anything new. The Terminator franchise got started in the eighties and was hardly original back then. In gross economic terms, it may seem like the robot invasion is a 21st century phenomenon. It isn’t. One need only go back to Alberta of all places and learn about the Canadian Clifford Hugh […]
Time to follow up on a technical set up I had posted publicly on bonds at the end of December 2019 in It’s not Over. The question was in regards to the […]
After getting a public twitter scolding from President Trump for letting the Dow reverse into red yesterday Jay Powell was not about to let the same mistake happen twice and came fully […]
(NYSE:BAC), at $2.4 trillion in total assets the second largest bank holding company in the US. BAC was a perennial under performer among the large…
The coronavirus began during December, but in its early stages no one knew a thing about it. It wasn’t until January 1 that health authorities in China closed the Huanan Seafood Wholesale Market after initially determining some wild animals sold there might have been the source of a pneumonia-like outbreak. On January 5, the Wuhan […]
As you might imagine, inflation was the hot topic of conversation during the December 2014 FOMC meeting. Having opened up the transcripts for that year to the public last month, we are once more treated to the background behind this theater of the absurd. The final few months of 2014 were when everything came together. […]