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.
A moment of silence, please: It was 34 years ago today that the market crashed, which prompted the government to “help” everyone and begin the slow, merciless strangulation of natural, organic, capitalist equity markets. People used to …
According to UBS, there are nine real estate markets that are in bubble territory with prices rising to unsustainable levels.
Chart.
Trust me, I’m a doctor. So goes the well-worn phrase, and as survey by Ipsos reveals, medical professionals are indeed the most trusted group in the world. A total 64 percent said they think doctors are trustworthy, while just 10 percent said they rath…
CUSIP: 912796N88Term and Type: 40-Day BillCMB: YesHigh Rate: 0.055%Investment Rate: 0.056%Price: $99.993889Allotted at High: 30.96%Total Tendered: $186,479,123,000Total Accepted: $60,003,590,200Auction Date: 10/19/2021Issue Date: 10/21/2021Maturity Dat…
Japan has entered the official campaigning phase ahead of the October 31 elections and polls for the ruling Liberal Democratic Party (LDP) do not look as rosy as they used to. According to national public broadcaster NHK, support for the party was at 3…
CUSIP: 912796H69Term and Type: 27-Day BillCMB: YesOffering Amount: 60 BillionAnnouncement Date: 10/19/2021Auction Date: 10/20/2021Issue Date: 10/22/2021Maturity Date: 11/18/2021PDF | XML
Gold shows signs of bottoming, but there’s a key parameter that must be met. Short term cycle projections point to xxxx-xxxx. (subscriber version).
That doesn’t mean that it will get there, of course, but this is the conventional measured move target of this break of the top of the base on the ES S&P futures. I’ve shown it here on the 4 hour bar chart.
The break is very slight so far, and…