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.
The small caps (as represented by the ETF symbol IWM, below) has been range-bound literally all year long. Charts.
CUSIP: 912796ZB8Term and Type: 57-Day BillCMB: YesHigh Rate: 0.065%Investment Rate: 0.066%Price: $99.989708Allotted at High: 64.63%Total Tendered: $135,927,771,000Total Accepted: $50,000,498,300Auction Date: 08/17/2021Issue Date: 08/19/2021Maturity Dat…
There arguably aren’t any staple foods more loved in Europe by so many than the potato. It’s versatility and longstanding place in culinary culture across the continent make the starchy tubers a must-have for most kitchens. Unlike rice, for example, th…
The Japanese government under Yoshihide Suga has announced that it is looking to bolster the country’s lagging semiconductor industry. In a first step, chip manufacturing has been elevated to a national priority similar to food or energy production, Bl…
While having a smartphone, a laptop, a tablet, and a fast internet connection at home is considered essential and often taken for granted by millions of Americans, it’s important to note that many lower-income households cannot afford the luxury of own…
After launching 248 satellites into space, global communications company OneWeb has officially signed its first contract with service providers Pacific Dataport and Microcom, providing the people of the Akiak tribe in south-western Alaska with broadban…
The new wave of COVID-19 building up in the U.S. as the first after an extensive vaccination campaign has very different effects on the states. Data collected by The New York Times shows that three states – Florida, Louisiana and Mississippi – are seei…
Thanks to generous government checks and the pandemic’s stimulating effect on consumer demand for technology, the Consumer Technology Association (CTA) is predicting 2021 to be another record year for the U.S. tech industry. In its latest bi-annual ind…
Chaotic scenes accompanied day two of the Taliban takeover in Afghanistan as foreign governments continued to evacuate their citizens. A look at terrorism and violence indices shows that a deterioration of the situation took place already during the U….