Today’s Fed QE
Last week was only four days due to the President’s day holiday but it was eventful. The big news of the week was the spike in interest rates, which according to the press reports I read, “came out of nowhere”. In other words, the writers couldn’t find an obvious cause for a 14 basis point […]
Existing market infrastructure will buckle under tens of millions of synchronized sell orders.
This madness is now global, so next up: global depression.
According to the Statista Advertising & Media Outlook forecast, 34 percent of global media sales were generated digitally in the past year – five percentage points more than in 2019. The growth in upcoming years is expected to be less steep, however. A…
Since the UK started recording public sector net borrowing on a monthly basis in 1993, the scale to which the government has taken on debt has never been higher. As the latest Office for National Statistics data shows, for the current financial year so…
Money printing galore, dollar in the tank, everything rallying, except Gold. What gives? What’s with the sad face? Gold no longer the hedge, all aboard the crypto train instead? Certainly looks that […]
As figures from the Office for National Statistics show, government borrowing exploded in 2020 as the finiancial toll of dealing with the coronavirus took hold. Up until the pandemic really hit the country in the spring, cumulative public sector net bo…
U.S. household debt climbed to a record high of $14.6 trillion at the end of 2020, as mortgage debt surpassed $10 trillion for the first time. According to the New York Fed’s latest Household Debt and Credit Report, mortgage debt increased by a whoppin…
As smart speakers are becoming more and more common in the United States and around the world, it’s important to take a moment to think of the many people who now share their name with a ubiquitous digital entity designed to serve its human overlords. …