They’ve been threatening to do it for two years, and finally pulled the trigger. The Fed’s captured media barely gave it lip service, with a…
They’ve been threatening to do it for two years, and finally pulled the trigger. The Fed’s captured media barely gave it lip service, with a…
The U.S. GDP grew at an annual rate of 6.5 percent in the second quarter of 2021, according to the first preliminary estimate released by the U.S. Bureau of Economic Analysis (BEA) on Thursday. Once again, personal consumption expenditure was the main …
Game over. Occam’s Razor: The simplest explanation is often the best one. Central banks will never extract themselves. Whether they ultimately end QE is besides the point. They won’t reduce their balance […]
Pfizer on Wednesday reported its second quarter results, beating top- and bottom-line expectations and raising its guidance for 2021 yet again. The U.S. pharmaceutical giant reported a net profit of $5.56 billion on revenue of $18.98 billion for the se…
July 29 marks this year’s Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year. Over the decades, the ecological and carbon footprint of humans has gradually increased,…
With each FOMC press conference bull session, Jaysus H. Powell reminds me more and more of the Wizard of Oz.
If you want to retain your sanity, as well as profit from all the lever pulling, smoke and mirrors, by gosh, ignore the bastard and just p…
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.
Now that Jerome Hayden Powell has done his eight-times-a-year thing once more, let’s catch up on some important equity indexes.
That is, if they clear 4400
With a 30 minute lag this chart doesn’t show it yet, but as of 4 AM in Noo Jork, and 10 AM in Madrid, Paris, Frankfurt, and Warsaw, go figure, it’s there. Now they just need to push it until NY gets into the action.
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