As figures from the Office for National Statistics show, government borrowing exploded in 2020 as the finiancial toll of dealing with the coronavirus took hold. Up until the pandemic really hit the country in the spring, cumulative public sector net bo…
U.S. household debt climbed to a record high of $14.6 trillion at the end of 2020, as mortgage debt surpassed $10 trillion for the first time. According to the New York Fed’s latest Household Debt and Credit Report, mortgage debt increased by a whoppin…
As smart speakers are becoming more and more common in the United States and around the world, it’s important to take a moment to think of the many people who now share their name with a ubiquitous digital entity designed to serve its human overlords. …
5 day cycle projection 3932.
Bears had a shot there. Couldn’t take it home. But they are still in the game if bulls can’t take it past 3928.
To post your observations, and snide, but good-natu…
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.
Today’s Fed QE.
America’s financial system is nothing more than a toxic waste dump of speculation, fraud, collusion, corruption and rampant profiteering.
High Yield: -0.040%
Click for details on today’s auction.
Offering Amount: 62 Billion
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Offering Amount: 61 Billion
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