The final score in yesterday’s game was Bears 23, Bulls 8.
UPDATE April 8. BULLETIN! The latest development in the sensational Archegos Scam! We now know that 6 of Wall Street’s 19 Primary Dealer Crime Syndicates backed the scam. Two of the New York mob crime families are known to be involved. But the web spread around the world.
Today’s Fed QE
All of which sounds very pretty indeed, but it does raise a question: can risk really be destroyed, or can it only be transferred?
Here is today’s stock screen output. The bulls won again, but bears are closing the gap. This is raw data. These are not recommendations. They represent…
There’s a slight break in the beautiful uptrend channel on the hourly chart, but as long as they’re above 4055, the uptrend will remain intact.
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…