Term and Type: 42-Day Bill
CMB: Yes
Offering Amount: 30 Billion
Term and Type: 119-Day Bill CMB: Yes Offering Amount: 30 Billion
OK. I keed. I keed. I don’t know, but the hourly looks like one of those giant cranes that is about ready to fall over and destroy a bunch of stuff on the way down.
Look at the hourly oscillators. There’s a helluva negative divergence on tw…
The abandonment of seafarers is a growing problem around the world and it is being exacerbated by the Covid-10 pandemic. Abandonment can occur for a number of reasons such as when the shipowner fails to cover the cost of a seafarer’s repatriation, fail…
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 a holiday-shortened week in the US but there is some important data on tap. Retail sales are expected to show a month-to-month rise for the first time since September. Year-over-year numbers remain pretty subdued and likely will until life returns to something resembling normal. Producer prices will likely rise but inflation continues its […]
If you are a cranky grizzly like me, you want to be short. Well, trust me, anytime someone says “Trust me,” I don’t trust them.…
Regardless of our opinions about President Carter and his legacy, his Farewell Address is worthy of our attention and study.
A fascinating fresh survey of microeconomics literature on crypto currencies: “The Microeconomics of Cryptocurrencies” by Hanna Halaburda, Guillaume Haeringer, Joshua Gans, Neil Gandal (CESifo Working Paper 8841, 2021, NBER version link here: htt…
While the number of weekly jobless claims has been stalling for the past couple of months, hovering around 800,000 since late summer, the U.S. job market has continued its gradual recovery over said period. The number of job openings, a measure of labo…