The US economy is going gangbusters, but the Fed has created and is imminently facing the greatest crisis in its history.
Here’s the latest in this ongoing financial soap opera for the ages.
As the Omicron variant continues to push new Covid-19 cases to previously unthinkable levels in large parts of the world, WHO leaders have once again warned that letting the virus circulate at this scale could result in the emergence of new, potentiall…
Sports betting has become omnipresent in professional football. While there has been a ‘whistle-to-whistle’ ban on TV advertising from betting companies for a few years in the UK, there are still plenty of other avenues being exploited by gambling comp…
With a net income attributable to shareholders of $2.3 billion this past quarter and a total of $5.5 billion in 2021, Tesla has not only surpassed analysts’ expectations but also reached the end of a decade-long journey towards real profitability and g…
Little more than a year into the largest and fastest vaccination campaign the world has ever seen, its biggest flaw persists. Almost fourteen months after a 90-year-old woman from Coventry, England received the first Covid-19 vaccine outside of clinica…
Full Year GDP Growth in the United States decreased to -3.40 percent in 2020 from 2.30 percent in 2019. Full Year GDP Growth in the United States averaged 3.13 percent from 1950 until 2020, reaching an all time high of 8.70 percent in 1950 and a record…
You could see and hear and just feel Powell’s fear and confusion. It was obvious and stunning. Having been punched in the face by inflation, the Fed no longer has a plan. Powell is on the mat, babbling, foaming at the mouth, and bleeding from the nose….
Whether you’re looking at revenues from their automotive segment or cars produced and delivered, Tesla has weathered the pandemic exceptionally well, despite the virus’ impact on the economy and the global supply chain. But although their vehicle sales…
Powell has Mike Tyson syndrome. Everybody’s got a plan until I punch them in the face. Inflation has punched the Fed in the face. Now…
On January 26, 2022, the Federal Open Market Committee directed the Open Market Trading Desk at the New York Fed to increase the System Open Market Account holdings of Treasury securities by at least $20 billion and of agency mortgage-backed securities…