Each bubble has its poster child. Is $TLSA it this time? I can’t say, but I can spot a buy panic when I see one. This morning $TSLA seems to have peaked […]
Yesterday Mohamed El-Erian advised investors not to buy the dip this time. What do they do? Jam fully into markets again. The addicts can’t be stopped. And so the market follows the […]
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.
According to Eurostat last week, Europe’s win streak reached 27 quarters in Q4 2019. If you count winning solely by the sign in front of quarterly GDP changes, then Mario Draghi handed off to Christine Lagarde an expansion just one quarter shy of seven years. It’s supposed to be impressive. Lagarde, however, begins her tenure […]
The ISM’s Manufacturing PMI rebounded sharply in January 2020, according to preliminary assessments. December’s figure was revised upward to 47.8 from 47.2, which had been a decade low, and that’s only where it began. The first estimate for the twenties exploded out of contraction, or what’s associated with the idea, to reach 50.8. It was […]
New York | Last week, Goldman Sachs Group (NYSE:GS) held its long awaited investor day event. As GS says on its web site: “Our senior…
Containment indeed. The PBOC went into full intervention mode last night trying to minimize the market damage that had been building in futures for the week that Chinese markets were closed. Rate […]
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.
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.
If we accept what is known about the virus, then logic, science and probabilities all suggest we brace for impact.Here’s a summary of what is known or credibly estimated about the 2019-nCoV virus as of January 31, 2019:1. A statistical study from highl…