As the coronavirus pandemic continues to wreak havoc on the U.S. economy, bankruptcies are on track to hit the highest level in at least 10 years according to figures compiled by S&P Global Market Intelligence. According to the analysis, which only inc…
Two simple regulations would drive a stake through Wall Street’s corrupt, evil heart.While the corporate media is focused on the presidential election, perhaps the more interesting question is: could Wall Street Lose the election? That is, could W…
The program is back and yesterday’s one day down day appears already long forgotten, but I want to follow up on a chart discussion I started yesterday with $OEX and continue here […]
Term and Type: 10-Year Note
High Yield: 0.677%
Total Tendered: $114,147,525,100
Total Accepted: $60,600,624,700
After seeing its share price rally for large parts of the past 12 months, elevating its market capitalization from $42 billion to more than $250 billion, Tesla announced a five-for-one stock split on Tuesday to “make stock ownership more accessible to …
Fed QE: $1.732B Coupon Purchase 2020-08-12
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.
We are becoming numb to the sheer size of the public health disaster that is unfolding in the U.S. Numb, careless and utterly devoid of any concern for those around us. Here are the latest numbers.
Last week the question was whether hitting the February gap had any relevance. Other than a bit back and forth it did not and market continued higher according to the program that […]
Kill the algos before they kill us. If you haven’t noticed there’s a specific program running through markets this August, it’s not humans making collective price decisions.