Today’s Fed QE.
Any economy stupid enough to rely on the insane distortions of GDP “growth” as its primary measure will richly deserve a Darwin Award when it inevitably collapses in a putrid heap of squandered resources and capital.
The $15 minimum wage is being left out of the upcoming COVID-19 stimulus relief package expected to be passed by Congress sometime this month. While it had a majority support from Americans and the dominant congressional party, enough pushback by Repub…
While countries in the European Union have been leaders in the movement toward renewable and clean energies, many have some of the highest per-capita carbon emission rates in the world. Easy access to carbon-emitting products like cars and the use of p…
A total of 5.6 percent of U.S. adults identified as LGBT in 2020, a new record high. Gen Z, newly added to the latest edition of a survey by Gallup, is the gayest generation in terms of self-identification. Almost 16 percent of those born between 1997 …
A report released by The Special Inspector General for Afghanistan Reconstruction (known as SIGAR) has found that the United States wasted billions of dollars on capital assets such as buildings, motor vehicles and aircraft in Afghanistan. SIGAR conduc…
Gold broke down last week. The future doesn’t look bright. I can’t sugarcoat it. Subscribers, click here to download report. Try Lee Adler’s Gold Trader…
While mobile internet connections on 4G networks are quick enough for most average users, enabling them to stream HD video or download music, apps and games on the go, 5G, the next evolution of wireless networks, has already arrived and is expected to …
Wake up.
Get out of bed.
Turn on your screen.
Your shorts are dead.
That said, this is barely a 50% retracement, which is at 3860 on the ES fucutures. There’s also resistance at 3855. Above 3860 resistance lines come at 5-7 point i…
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.