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.
Some shocking, genuinely shocking data from the Edelman Global Trust Barometer for 2021. Let’s take a look. Start with this: Welcome to the world where sociopaths like Jeff Bezos are both trusted to be competent and perceived to be ethical.&n…
The Chinese government has begun to issue blockchain-powered digital currency to its citizens. The Wall Street Journal reports that 750,000 recipients have been determined by a lottery system and can already spend their digital Yuan in stores and onlin…
While LG’s decision to close its smartphone business probably won’t make a huge difference at the global level, with Chinese manufacturers flooding the market with Android phones at all price levels, the company’s exit definitely will be felt in the Un…
The FBI’s Uniform Crime Reporting Program collects supplementary homicide data including the age, sex, race and ethnicity of murder victims as well as the type of weapon used by the perpetrator. When it comes to the latter category, the FBI published d…
In a move that sounds more industry-shaking than it is, LG Electronics announced its decision to shut down its smartphone business by July 31. In a statement published on Monday, the South Korean company explained that its exit from the “incredibly com…
The good news is that the 13 week cycle up phase now has a projection that indicates some upside. The bad news is that that…
Originally posted at The Daily Stool. Here is today’s stock screen output. This is raw data. These are not recommendations. They represent charts that have triggered…
Back in August 2007, the dangerous and decaying state of America’s infrastructure became a shocking reality when the I-35W Mississippi River Bridge in Minneapolis collapsed, sending vehicles crashing into the river below. 13 people were killed while an…
I thought I’d take a step back and just look at the current phase of the rally on an hourly chart. Bull or bear, as a chartist, it’s hard not to admire this.
It does not appear to be ready to quit yet. The projectile vomit of the fire breathing dinosaur…