Factory Orders in the United States increased 1 percent in November of 2020 over the previous month. Factory Orders in the United States averaged 0.26 percent from 1991 until 2020, reaching an all time high of 10.30 percent in July of 2014 and a record…
By around 17:30 on 6 January 2021, the average FTSE 100 CEO will have already earned the complete annual pay of the average full-time worker in the UK. According to the latest calculations by the High Pay Centre and the Chartered Institute of Personnel…
When an index makes higher highs and higher lows, that’s an uptrend, which is what we’ve had since Monday. And Monday’s drop only resulted in a single lower low, relative to the previous uptrend. It’s not yet apparent whether a lower high has been set….
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…