After a year that could hardly have gone worse for U.S. passenger airlines, the latest results of the big four U.S. carriers showed signs of recovery as travelers grew more confident returning to the skies. “Domestic leisure travel is fully recovered t…
In a virtual heist of unprecedented scale, hackers stole crypto currency worth more than 610 million US dollars from Poly Network, a platform connecting various separate blockchains to make transactions easier. Even though the culprits reportedly retur…
UK GDP had experienced a period of recovery after having suffered the biggest drop on record in Q2 2020. After firing back up again in Q3 and to a slighter extent in Q4. For the start of the year though, revised Office for National Statistics revealed …
Way back on August 2 the ES fucutures made a peak at 3 AM NY time, that, little did we know at the time, would be the beginning of the little uptrend line has since been touched 3 times. Each time, the advance was repelled. But alas, each time it did t…
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.
So sorry, America, but your central bank is certifiably insane, and it’s not going to magically work out.
The daily burden (and joy) of childcare is managed differently from family to family, with few solutions which could in fairness be labelled as ‘wrong’. Also on an international scale, there are stark differences between countries, as illustrated by ne…
With a record number of job openings, historically few layoffs and millions of Americans quitting their jobs voluntarily, the balance of power in the U.S. labor market appears to be shifting. As the economy recovers from its COVID slump and employers a…
Here are the Four Laws of Market Dynamics.
While total nonfarm employment still trails its pre-pandemic level by 5.7 million jobs and unemployment remains elevated, the U.S. job market continues to show strong signs of recovery. The number of job openings, a measure of labor demand, climbed to …