Social media instigating a bloody short squeeze upon the hedge funds. The first month of the new year begins with chaos in our Nation’s Capital and ends with market mania chaos – both manifestations of Acute Monetary Disorder. Society Out of Kilter.
How do you unrig a speculative rigged market? You don’t. It simply crashes into a putrid sinkhole.
The Norwegian Government Pension Fund is the largest of any sovereign wealth fund in the world. According to data from the SWF Institute, the fund contained more than $1.1 trillion as of January 2021. Most of the assets are tied up in stocks, bonds and…
The coronavirus crisis has had a significant impact on international car markets in the past year. The number of newly registered passenger cars in the 27 EU member states fell by around 24 percent in 2020 compared to the previous year. This is accordi…
This week, U.S. President Joe Biden signed an executive order instructing the Department of Justice to not renew contracts with privately operated prisons – a process that had been started once before during the Obama administration but was reversed un…
On Wednesday Federal Reserve Chair Jerome Powell warned that the U.S. economy is still “a long way from a full recovery,” as the Federal Open Market Committee pledged to use “its full range of tools to support the U.S. economy in this challenging time”…
In what could have been a relatively quiet post-inauguration week, a breathtaking story of David vs. Goliath played out on the world stage, turning financial markets upside down and wreaking havoc on Wall Street. But let’s start from the beginning. Ear…
It’s a reverse Hotel California. You can leave, but you can never check in.
Today’s Fed QE
While social spending as a share of GDP has generally declined in OECD countries over the past ten years, France remains the country which is most generous in terms of its social benefits. In 2019, the equivalent of almost a third of French GDP was spe…