The illustrious career of NFL quarterback Tom Brady has been directly tied to the success of the New England Patriots longstanding dynasty since they drafted him in 2000. This past offseason, the former Michigan quarterback brought his talents to Tampa…
U.S. President Trump promised his voters in the election campaign before he took office that he would “drain the swamp” of outside influence in Washington. The Statista chart suggests that he did not succeed: both the number of registered lobbyists and…
Oh dear, the Fed has a problem. It’s one thing to deny a bubble when it’s only cranks like me on Twitter pointing out the unfolding market distortions. Yet bubble talk is […]
Corporate debt has been rising significantly in some countries due to the coronavirus pandemic, according to figures by the Bank for International Settlements. The data is currently only available through 2020’s second quarter but already shows the neg…
The UK may be one of the most advanced e-commerce markets in the world, but even there, online shopping still hasn’t reached everyone. Last year, 84% of Britons made at least one purchase on the Internet, according to estimates from Statista Digital Ma…
As the coronavirus crisis unfolded, spreading from China to the rest of the world in the early months of 2020, things went from bad to worse for the global car industry. What started off as a supply crisis, which temporarily constrained access to parts…
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 SPACs have grown over the last decade – culminating in 2020’s record number of 248 SPAC IPOs – return on investments have been mixed for the acquiring shell companies. New data shows how the growing number of SPAC IPOs over the last few years has ro…
Special purpose acquisition companies (SPACs) had an enormous year in 2020. New data highlights how the number of SPAC IPOs last year dwarves all previous years, and how the trend for 2021 looks to capitalize and even surpass that enormous number. In d…
I’d say more about Big Tech but since they’ve ‘privatized totalitarianism’, I fear being ‘digitally disappeared’ if I dare criticize Big Tech.