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. Here’s today’s pump job.
Ideally, surging demand for a product drives costs down and fuels even faster adoption and consumption. In this case, rising demand for lithium-ion batteries across the world is directly correlating to falling prices – in turn causing an even higher de…
The electric car market is booming across the world. Tesla’s meteoric rise in value and traditional manufacturers like GM and Ford quickly producing several variants of electric vehicles highlights how the industry is rapidly evolving toward a greener …
CUSIP: 9127965F2Term and Type: 8-Day BillCMB: YesHigh Rate: 0.060%Investment Rate: 0.061%Price: $99.998667Allotted at High: 76.89%Total Tendered: $163,300,000Total Accepted: $25,000,400Auction Date: 12/17/2020Issue Date: 12/21/2020Maturity Date: 12/29/…
The price of Bitcoin at closing reached a new all time high of $21,311 on Wednesday, surpassing its former record from December 2017 by almost $2,000.Potentially emboldened by the coronavirus crisis and the search for perceived safe-haven assets, the c…
I watched the dog and pony show yesterday.
Disgraceful dissembling.
Most of the questions and answers were, for our purposes, irrelevant and immaterial. They indicated just how little the Wall Street media subsidiary is interested in getti…
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.
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.
Effective December 17, 2020, the Federal Open Market Committee directed the Open Market Trading Desk at the Federal Reserve Bank of New York to continue to increase the System Open Market Account holdings of Treasury securities by $80 billion per month…
If you thought fundamentals, valuations and earnings growth matter the joke is on you. In 2020 central banks have managed to do the unthinkable: Not only once again save investors from any […]