Oops, he did it again. The second there was any concern in markets about tapering or the potential of earlier than expected interest rate hikes as suggested in last week’s Fed dot […]
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin…
E-commerce revenue in Europe experienced a 20 percent increase in 2020 according to Statista’s Digital Market Outlook – double the pre-pandemic rise seen from 2018 to 2019. Revenues are forecast to exceed the $500,000 million mark by 2022.In 2020, fash…
The pandemic has been good news for the super-rich with America’s richest individuals reportedly seeing their collective fortune surge by $1.2 trillion since the onset of the crisis. According to a new report from Credit Suisse, wealth creation in gene…
The level of financial inequality around the world is staggering. According to a new Credit Suisse report, 45.8 percent of global household wealth is in the hands of just 1.1 percent of the world’s population. Those 56 million individuals control a min…
Yep, that was the 5 day cycle projection as of 1 AM in New York. It implied that resistance at 4242, 4248, and 4248, would be non factors, or at least not much. An old megaphone line now at 4274, and another one at 4284 could be.
But then the fu…
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.
In some OECD countries, more than a third of people aged 66 and over are living in relative income poverty. This applies to Estonia, Latvia and South Korea as well as for China, which is not a member, but was included in the report. The term is defined…
According to a report from Mercer, Ashgabat in Turkmenistan is the most expensive city on the planet for foreign employees. Mercer ranked 209 cities on the comparitive costs of expenses including housing, transportation, food and entertainment with New…
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.