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 entire weekend, all the headlines were lockdown-this, delta-that, and yet, as required by federal statute, all the equity futures shot higher and are bright green. It’s encouraging to at least see some sanity in the world of crude oil, wh…
They’re out there panicking right now. I can feel it. They’re out there. They’re panicking. Look at them. Eddie Murphy as Billy Ray Valentine in Trading Places I thought of that scene the other day when a good friend in the investment business told me that investors today are panicking into the market rather than […]
Congressional Budget Office projections are some jaw-dropping …
Technical Trader subscribers click here to download the complete report. Cycle time and price projections suggest that the market is getting close to a high.…
Besides the continuation of the earnings season it’s also a very busy week for major economic reports
The truth is America has lost its way if commoners pay a rate of 40% but its billionaires pay next to nothing.
The reversal of vaccine strategies in several Asian countries has raised questions about a Chinese-manufactured COVID shot, Sinovac. Experts however still agree that the vaccine has made a valuable contribution in preventing serious illness, hospitaliz…
Amazon was the last of the big five U.S. tech companies to report its earnings for the three months ended June 2021 on Thursday. And like the other four GAFAM companies before it, Amazon reported another record-breaking quarter, despite falling just sh…