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.
All debt-fueled speculative bubbles pop, even as cheerleaders claim otherwise.
Previously to the coronavirus pandemic, the growth of disposable incomes – the money that remains in peoples’ pockets after they have taken care of their basic needs – differed widely in the OECD. Eastern European countries like Poland, Estonia or Lith…
It has been all downhill since I noticed the double top yesterday. Dramatic turn of events. But the ES S&P futilitures had reached their upper measured move target from the reverse head and shoulders breakout, of 4350. At that point, the trading algos all decide that they’d go no further, triggering their Sell Mortimer algos.
Now we’re at the point at 4 AM in NY that the price could drop back below the upper line of the big megaphone pattern.
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.
US Treasury Bonds has succeeded in two important breakouts: the descending trendline (green tint) and the price gap horizontal
After the devastating second wave of COVID-19 in India, Prime Minister Narendra Modi has lost the top spot in a ranking of net approval rates among 13 world leaders. As of June 29, Modi came second in the poll published by Morning Consult, having been …
Crypto education platform Crypto Head recently released a ranking showing that the United States is the world’s most “crypto-ready” country. The research delved into several factors impacting cryptocurrencies around the world such as public interest, t…
The amount of Chinese and Hongkongese companies going public in the United States has been consistently high in recent years, as data by Renaissance Capital shows. 2021 is bound to set another record as 24 companies have hit Wall Street in only the fir…
I don’t know what yesterday was all about. Here at 6 AM ET, the fucutures are back to where they left off on Friday.
I guess they have down days for dramatic effect.
Did I say dramatic. They have, in essence, set up a trading range of 4310…