While the UK has long abandoned the strategy of achieving herd immunity by allowing the virus to spread throughout the least at risk sections of the population, the availability of vaccines has finally opened up the possibility of getting there without…
Macro Liquidity continues to bulge. The stock market has followed. It became oversold versus the surge in liquidity that the Fed initiated in March 2020. And it hasn’t looked back since. Should we expect to see stock prices become overbought again before the next big crash?
As president-elect Joe Biden is about to be inaugurated as the 46th President of the United States on Wednesday, the COVID-19 pandemic remains on top of a pile of challenges facing the incoming administration. According to data tracked by the Johns Hop…
According to quantum mechanics, a flushed turd can appear in two places simultaneously, based on the position of the observer. But the quantum philosopher asks, if there is no observer, does the turd exist? In the stock market, there are many observers…
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.
Today’s QE update.
A mob, led by a shirtless man wearing a Viking helmet, stormed the Capitol building a couple of weeks ago and five people died before order was restored. A man from upstate New York sat in a Senator’s office and smoked a joint. Another roamed the halls of Congress with a Confederate flag. A Virginia […]
The consensus is that asset inflation is unstoppable and forever. History begs to differ.
The growing threat from anti-government groups in the U.S. was highlighted by the shocking events at the Capitol on January 06 when the far-right Oath Keepers, Three Percenters, Boogaloo Bois and The Proud Boys were spotted among the crowds of Trump su…
With the second wave of the coronavirus underway in Europe, countries like Czechia and the UK as well as many more from the continent have moved up among the ranking of coronavirus cases per capita compiled with data by Johns Hopkins University. The co…