Even though the technology behind autonomous vehicles has progressed hugely in recent years, it’s still by no means perfect. A long list of companies are still testing their electric vehicles in California to improve software capabilities and safety. D…
Sweden is not doing too well.
The U.S. pandemic experience has been associated with a cumulative excess mortality
Cumulated deaths per capita are exhibiting a slight slowdown
There’s so much confusion out there about how money gets from the Fed into the stock and bond markets. I see the comments in my Twitter feed. People are clueless. Like how M1 is causal. Or how the Fed pumps money into the banking system and that doubles back somehow to speculative bubbles.
The Primary Dealers always hedge their fixed income portfolio positions in the futures markets. Looking only at their bond portfolio positions may not give us an accurate picture of how screwed they are, or are not.
Wall Street, of course, is bewitched by the Fed’s QE. Meanwhile, the Federal Reserve is these days uninterested in assessing either QE’s effects or risks. Observation and evaluation of QE is left to us. Every week, Doug Noland, summarizes the effects and dangers brilliantly.
GDP figures by the OECD for the fourth quarter of 2020 show the ongoing impact the coronavirus is having on economies around the world. China was the first (and only) economy that bounced back from its coronavirus losses, recording a year-over-year gro…
First estimates of the UK’s GDP in 2020 reveal that the country’s economy contracted by 9.9 percent in comparison to 2019. That marks the largest drop on record and as this infographic shows, by some margin. As stated by the Office for National Statist…
As millions of people around the world are trying to find a last-minute (virtual) date for Valentine’s Day, Tinder’s servers are probably running hot these days. The market-leading dating app has not only revolutionized the dating game since its launch…