Faced with the highest inflation in more than 40 years, the Federal Reserve has once again turned up the heat, taking its most aggressive step yet in the attempt to curb inflation. The Federal Open Market Committee (FOMC) unanimously decided to raise t…
Covid-19, the war in Ukraine, mass shootings, inflation and so on and so forth. It sometimes feels like there’s no end to bad news, and, especially in the age of doom scrolling, that can take a toll on people’s mental wellbeing. As a consequence, more …
Mohammed El Erian might just be the King of Wall Street hot takes. They’re almost always bad. Very smart guy, too. But another Fed apologist, Wall Street shill.
El Erian’s comment pretty much nailed the high of the day, just like my Ao…
This graphic maps out the migration of millionaires across the globe, showing which countries the ultra-rich are moving to and from.
The post Mapping the Migration of the World’s Millionaires appeared first on Visual Capitalist.
As podcasts have grown more and more popular over the past few years, it was only a matter of time before advertisers took note of the trend and jumped aboard the hype train. Offering a highly attractive target audience – young, educated, high-income –…
Over the past few years, podcasts have emerged as a new form of distributing audio content to a broad, international audience. Particularly popular among younger audiences and digital natives, podcasts are especially well-suited for long-form audio con…
The Wall Street Journal, New York Times, CNBC, Marketwatch, Reuters, Bloomberg, and other orifices’ reported today that the Wall Street Bureau of Measures and Professional…
Microsoft is shutting off one of the least-beloved titans of the early internet era today – at least for their most recent operating system. Windows 10 users that try to connect to the Internet Explorer desktop app will from now on be redirected to the…
The Buffalo supermarket shooting, the massacre of elementary school children in Uvalde, Texas, the attack on a doctor and bystanders in Tulsa, Okla., and the workplace shooting at a Maryland concrete plant – mass shootings have dominated headlines in t…
T-bill rates continue to show the Fed that it must raise the Fed Funds rate 100 bp if it wants to keep pace with the reality of the market.
RRPs are overnight money. MMFs have their very short term (VST) T-bills called away. They turn th…