U.S. President Joe Biden issued a presidential action on his first day in office yesterday aimed at strengthening Deferred Action for Childhood Arrivals, an Obama-era policy allowing people who came to the U.S. illegally as children to live, study and …
While no one in their right mind would wish for a global health emergency/economic crisis, it’s hard to make a list of companies that might profit from the current situation and not have Netflix on that list. A global crisis that forces people to stay …
When President Biden took office on Wednesday, he didn’t waste any time before getting to work. Mr. Biden signed 15 executive orders and two executive actions in his first hours in the Oval Office, many of which reversed policies implemented by his pre…
Joe Biden has moved into 1600 Pennsylvania Avenue and one of his administration’s most difficult tasks is going to be the restoration of trust in the American government. Even though the foundations of U.S. democracy withstood the events of January 06,…
Thanks to an unprecedented growth spurt, fueled in part by the COVID-19 pandemic and the changes to our lifestyles it brought along, Netflix passed the 200 million subscriber milestone in 2020. After a brief slowdown in Q3 2020, the company added 8.5 m…
In a speech announcing the United States’ withdrawal from the Paris climate change agreement in 2017, President Trump said that the decision was made in order to “fulfil my solemn duty to protect America and its citizens”. Senate Majority Leader Mitch …
A strong level of trust with customers is going to prove hugely important for recovering businesses when the pandemic finally comes to an end. This has already become evident in some sectors such as the airline industry which has been providing passeng…
The market kept accelerating out of trend channels yesterday. That’s crash behavior. In this case, a crash-up.
Today’s Fed QE
Allow me to translate the risible claims of Jay Powell and Janet Yellen that their stimulus policies haven’t boosted wealth inequality to the moon: “Let them eat cake.”