With four days to go before the end of the Tokyo Olympics, Japan’s COVID-19 virus surge continues. The Olympic host city registered 4,166 new cases on Wednesday, the highest daily total ever. Unsurprisingly, the virus’ resurgence has been clouding the …
Robinhood (HOOD) came public only a few days ago, and the IPO was world famous for its lameness. Front page stories were written about what a flop it was. Well, thanks to the boys at /wsb, it has become the new GME.
“He’s the most famous man you know nothing about” says Louis Vuitton CEO Michael Burke, speaking of the French luxury house’s founder Louis Vuitton , born on August 4th 1821 in a French village named Anchay. 200 years later, the brand he created takes …
Businesses are sitting on record amounts of unused credit from U.S. banks, which could help unleash spending. Tweeted Bloomberg’s very capable Lisa Abramowicz this morning.…
With the S&P 500 futures having traded in a range of less than 1% for the past 8 sessions, the New York Stock Exchanged announced today that it would only open twice a month for price fixing operations. Daily trading, particularly 24 hour trading a…
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 hottest meme names have entered an era of withering volume and prices which, in contract to every other equity on the planet, pretty much goes down every day.
The global economy may have finally run up against hard limits of “infinite substitution” and “infinite expansion” funded by central-bank free money.
Let’s check in with some Tesla-killers, shall we?