According to a report from Mercer, Ashgabat in Turkmenistan is the most expensive city on the planet for foreign employees. Mercer ranked 209 cities on the comparitive costs of expenses including housing, transportation, food and entertainment with New…
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.
With the easing of travel restrictions, Americans are once again eager to travel and prepare for their summer vacations. A look at the most popular travel booking sites in the U.S. shows that the most popular choice is not a booking portal but going th…
On Saturday, Pope Francis put Robert Schuman on the path to sainthood. His work was instrumental laying the groundwork for the creation of the modern European institutions and the Vatican has now recognised the “heroic virtues” of the French statesman …
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.
What if everyone in the market realizes it’s now the moment to front-run the crash?
The Fed has to talk and traders gotta trade so after every meeting we get the Emily Litella memorial market dance. You’d be better off taking Fed meeting week off and watching reruns of the first few seasons of SNL.
Figures show the effectiveness of vaccinations and past lockdown measures.
Put differently, the ‘rich’ world is getting vaccinated (albeit with some variation in the rates), while the emerging markets and middle-income economies remain well behind on vaccinations curve. Which means there is continued threat of a global pandemic re-igniting
It was a fascinating set up. A pivotal FOMC meeting two days ahead of quarterly “quadruple witch” expiration of options and other derivatives. Option expiration-related volatility used to be largely confined to the equities market. But with ETFs tak…