Withholding tax collections have exploded upward over the past month through February 3. Other date confirm the strengthening. Here’s what this means for portfolio strategy and trading tactics.
While few industries have been spared by the impact of the COVID-19 pandemic, even fewer have been hit as hard as the tourism sector. As 2020 drew to a close with severe limitations to travel still in place, the World Tourism Organization (UNWTO) repor…
While Americans are getting ready for what they consider the biggest sporting event of the year, the 55th Super Bowl, the rest of the world couldn’t care less. Well that may be a bit harsh, but from an American perspective it’s easy to overestimate the…
The top 10 of the world’s most highly-valued startups lost an entry today when Beijing-based video sharing platform Kuaishou went public on the Hong Kong stock exchange. Previously to the IPO which raised upwards of $5 billion, the company occupied the…
OK, so maybe it won’t get there today. Or maybe it will.
After all, this is done.
Looking at a 30 minute bar chart, the 2-3 day cycle projection now looks 3910 on the S&P fucutures. That looks eminently doable once they clear resi…
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.
In a recent post, I covered the impact of the failure at the Federal level to implement more robust measures on rents and tenure security for households (see: https://trueeconomics.blogspot.com/2021/02/3221-cost-of-trumps-failures-to-act-on….
Currently, into month 10 data of the recession (December 2020), and employment index is reading close to the conditions in the recession of 1945,
Current average duration of unemployment spell is already higher than the peak of any prior recession other than the Great Recession
Worrying trends cited in reference to continued unemployment claims