The average S&P 500 CEO made $15.5 million last year, 299 times the pay of the median worker. That’s according to an annual report from America’s largest labor union, AFL-CIO, which is widely cited as a measure of workforce equality. This year’s figure…
AFL-CIO, America’s largest labor union, recently released data showing that the average S&P 500 CEO made $15.5 million last year, 299 times the pay of the median worker. The findings are released annually and they are generally cited as an effective me…
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.
Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill.
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 recent report from Gallup has found that increasing numbers of Americans are putting the pandemic behind them and dropping measures such as social distancing or avoiding socializing. Gallup states that fewer than one in five Americans (18 percent) no…
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.
As I often note here, when you push the pendulum to an extreme of wealth and income inequality, it will swing to the opposite extreme minus a tiny bit of friction.
Last week in “Crushed” we talked about a coming volatility spike and sure enough $VIX spiked to over 20 from the 15 handle in a matter of days only to be crushed […]
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.