After falling to a pandemic low in the week ended March 20, initial jobless claims crept up again over the past two weeks, signalling that layoffs are still lingering despite many signs pointing towards a recovery. As states are gradually easing restri…
The S&P has now broken through a long term uptrend line that dates from the 2014 peak. All intermediate and short cycles remain in gear…
Thanks to a little spreadsheet snafu this weekend, I’m way behind the 8ball, so here’s a barebones post to start the day.
Oh What a Tangled Web We Weave When First We Update a Spreadsheet from Fed Data I got into a bit of a pickle this…
The answer to the question, “What should I do to my portfolio today (this week, this month)? is almost always nothing. Humans, and especially portfolio managers, have a hard time believing that doing nothing is the right response….to anything…or nothing. We are programmed to believe that success comes from doing things, not not doing things. […]
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.
While ebullient markets have briskly moved on, I’m not done with Archegos.
The lesson of China’s Cultural Revolution in my view is that once the lid blows off, everything that was linear (predictable) goes non-linear (unpredictable).
An analysis of COVID-19 vaccination progress and the number of vaccines in use around the world shows that relying on a high number of vaccines can have positive effects in the fight against the coronavirus pandemic.Most countries around the world have…
Worry about the ongoing coronavirus pandemic is predictably bearing down on the minds of Americans most heavily, relegating the biggest stressor of former years, worry about health care, to rank two. According to the American Psychological Association,…