A couple of weeks after several European countries went on (at least partial) lockdown once again in the face of surging COVID-19 cases, the tightening of restrictions appears to be paying off. As the following chart, based on data from the Johns Hopki…
President-elect Joe Biden is expected to name Xavier Becerra as his secretary of health and human services. Becerra, who Biden still has to officially announce as his pick, would be the first Latino to head the department. As The New York Times reports…
US 7 Year Note Bond Yield was 0.68 percent on Monday December 7, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the United States 7 Year Note Yield reached an all time high of 16.05 in September of…
Sorry Fed, it’s too late. The dominoes are already toppling, and every point of failure is being exploited by the catalyzing effects of Covid.
How might all this end? Increases in leverage (“securities Credit”) create a self-reinforcing liquidity dynamic, whereby speculation fuels higher securities prices, greater liquidity excess and only more feverish speculative zeal. The big problem is it doesn’t work in reverse.
If you still believe that America’s Sickcare is “the finest in the world” and is endlessly sustainable, please study these three charts and extend the trendlines.
Now that Bitcoin has hit the wall of previous highs perhaps time for another technical update. And before you @ me accusing me of being just another naysayer or bear a quick […]
Despite the recent breakthroughs in vaccine development, it will take a couple of months at least before their impact will allow us to lower our guard and return to what resembles normalcy. In the meantime, it’s important to keep those most vulnerable …
After the wholesale price of food saw a slump during the coronavirus pandemic, the global FAO Food Price Index showed a steep increase in November. Food around the world was 5 percent pricier than the 2014-2016 average, on which the index baseline of 1…
Wages in the United States increased to 24.87 USD/Hour in November from 24.80 USD/Hour in October of 2020. Wages in the United States averaged 11.58 USD/Hour from 1964 until 2020, reaching an all time high of 25.12 USD/Hour in April of 2020 and a recor…