Most people will associate the digital economy with highly skilled computer engineers and marketing professionals, but the foot soldiers of the trade are those low-level employees who drive Ubers and deliver food. Their working conditions are often cal…
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.
Remember “The New Normal”? Back in 2009, Bill Gross, the old bond king before Gundlach came along, penned a market commentary called “On the Course to a New Normal” which he said would be: “a period of time in which economies grow very slowly as opposed to growing like weeds, the way children do; in […]
To believe the Fed can simply accommodate the financial markets with the most gradual and transparent “taper” and everything will magically normalize is more than wishful thinking.
But once this last pool of wealth–America’s middle class– has been siphoned dry, then who’s left to stripmine and exploit?
First celebrated in 2008, International Beer Day is commemorated annually on the first Friday of August. According to its organizers, it is “a global celebration of beer, taking place in pubs, breweries, and backyards all over the world. It’s a day for…
After a months-long back and forth – will he sign a new contract or not – Lionel Messi, widely considered one of the best footballers in history, is set to leave Barcelona after spending his entire professional career at the club. Having relocated to S…
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.
The all-important monthly jobs report: Not that things haven’t been insane since last year………..
The rapid spread of the Delta variant is continuing, with the COVID-19 virus mutation now being the dominant strain in many countries around the world.Data platform GISAID shows how critical the situation in Denmark is at the moment. The local health d…