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.
While the economic effects of 2020 will still take years to be fully realized, new data that encompasses the entire year paints a grim picture on how hard businesses were hit due to the pandemic and subsequent restrictions. Most countries around the wo…
Here’s looking at you, Federal Reserve–thanks for perfecting ‘legalized looting’ and neofeudalism in America.
Some passports afford their bearers more freedom than others. On Tuesday, Japan was once again named the country with the world’s most powerful passport by the Henley Passport Index. The latest addition to the travel list came in 2019: Since then, Braz…
South Korea joined neighbor Japan in 2020 as a country whose population is shrinking. Official government data showed Tuesday that the population of the country had declined by almost 21,000 people to approximately 51.83 million last year. The decline …
As countries around the world have started the biggest inoculation campaign in human history, the pandemic is far from under control in many places, including the United States and Europe. With large parts of the “old continent” still on lockdown, Euro…
Conventional wisdom says that competition is usually a good thing for customers as it keeps companies from raising prices and encourages them to improve their product. There can be too much of a good thing, however, especially when exclusivity comes in…
Considering its pleasant climate, sandy beaches and culturally rich cities, it’s no surprise that Spain is one of the most popular travel destinations in the world. As such, the country has come to rely heavily on tourism economically, making it partic…
As of this morning, the ES fucutures, representing the broad big cap US market, are at a price level it first reached on December 4. Reminds me of the old stock market adage, up the escalator, down the elevator.
One day, we’re gonna get the shaft.
Without the elevator cab.
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.