Last week I wrote that the 6 month cycle low setup was forming. Was this rally the beginning of the up phase? While we don’t…
The worst performance for any region,
I trust nobody was surprised by the big market rally last week. After all we’re all joyful attendees of a big frat party, indeed one could argue the biggest perpetual frat party […]
Facts support the view that a major bear market is unfolding in long-term Treasuries and fixed income securities.
Thinking about online marketplaces, Amazon and eBay spring to the minds of most Americans and Europeans. And yet, they’re only ranked third and fifth in the world in terms of gross merchandise volume. According to estimates from Statista’s ecommerceDB,…
UK trade figures for January were released today, revealing a record drop in exports and imports to and from the European Union. At first glance, this may seem like a clear and ominous effect of the Brexit transition ending on 31 December. On closer in…
Following Congress‘ final approval of the $1.9 trillion relief bill on Wednesday, President Biden didn’t waste any time, signing the sweeping stimulus package into law on Thursday, one day earlier than originally planned. The American Rescue Plan will …
UK monthly GDP had experienced a period of recovery after having suffered the biggest drop on record in April when the measure was down 19.5 percent compared with March. Between August and September, GDP in the UK had risen for the fifth consecutive mo…
Here’s a little background on the method behind the madness. Or the madness behind the method. I’m not sure which.
South Korean e-commerce platform Coupang went public on the New York Stock Exchange yesterday, achieving a valuation of $60 billion – the highest on Wall Street to date in this busy IPO year. Coupang raised $4.6 billion through the IPO at a price of $3…