More than one and a half years after the United States closed its borders to international travelers from large parts of the world, the country is easing pandemic-related travel restrictions on Monday, opening up to fully vaccinated travelers from doze…
When the COVID-19 pandemic hit the U.S. economy with full force in March 2020, causing stock markets and economic indicators to plummet and erasing nearly 20 million jobs in a matter of weeks, many had hoped that this crisis would go away as quickly as…
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.
Well, indications for TSLA won’t be available until Monday morning, so the /NQ (which is made up of about 5% TSLA) is all we’ve got. Yes, it gapped…
On Friday of last week, I did a premium post which simply stated the following: The stock has reached absolutely laughable levels. Tesla by itself was worth more than ALL other…
Just to show where we’re at, here’s the Wilshire 2500 (and, yes, this is a log scale, so this isn’t one of my dramatic arithmetically-scaled charts). Quite a sight.…
More evidence this week of a historic mania running unchecked. 1999 was crazy, but at least that mania was relatively contained within Internet and technology stocks. It wasn’t fueled by Trillions of central bank monetary inflation. These days, manias are everywhere
I‘m sorry. I know that none of us are supposed to believe the market can ever go down again. I know that we’re in a permanent bull market. And I know that the…
FEEDThe glory days of Moderna and freakishly-named BioNTech appear to be well behind them:
In many countries, consumer prices are rising significantly. Central banks would have the ability to counteract this via monetary policy means – by raising interest rates, thereby restricting access to credit and slowing down value creation. But as see…