The UK and EU made some progress in their vaccination dispute last week. While Brussels stopped short of introducing an export ban, the bloc did give backing for tighter export controls which means that the tug-of-war with the UK over supplies of the A…
Yesterday, a couple of you highlighted the fact that there are so many different opinions about what the Fed is doing and trying to achieve, it’s hard to know what to pay attention to.
It’s true there’s a lot of distraction and deception. You must keep your eye on the ball. Here’s the pitch!
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.
This is for the Treasury market. Proxy TLT. Originally posted at the Daily Stool.
The unionization efforts from workers at Amazon’s Bessemer, Ala., warehouse follow several successful union campaigns led by blue collar tech workers and reflect a general increase in activism among tech industry employees. From Amazon workers slamming…
50 years ago, on March 30, 1971, a store selling freshly roasted coffee beans and coffee equipment opened in Seattle’s Pike Place Market. And if anyone had predicted back then that this little specialty store would lay the groundwork for a billion-doll…
As we have entered the second year of the COVID-19 pandemic, there’s a growing transatlantic divide in public mood. While the finish line appears to be in sight for the United States, where a rapid vaccine rollout and falling case numbers have sparked …
The market “should” be in launch mode right now. This doesn’t look like a launch to me.
The bad news is that the 13 week cycle up phase has been weak, and is on the brink of failure. The worse news is…
In yesterday’s release of Ember’s Global Electricity Review, the fact that more than half of the world’s coal-powered electricity in 2020 was produced in China stood out. But this is only half the story. Dramatically rising energy demand in the country…