According to the National Travel and Tourism Office at the U.S. Department of Commerce, Mexico and Canada were by far the most popular destinations for U.S. resident travelers in 2019. While 39.3 million U.S. residents visited Mexico in one year, 15 mi…
It took me by surprise, I must say, when I found out yesterday, oh yeah, I heard it through the grapevine, that the market hit a landmine.
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 Fed QE.
Durable Goods Orders Ex Defense in the United States decreased to 0.20 percent in October from 3.80 percent in September of 2020. Durable Goods Orders Ex Defense in the United States averaged 0.31 percent from 1992 until 2020, reaching an all time high…
Job Offers in the United States increased to 6652 Thousand in October from 6494 Thousand in September of 2020. Job Offers in the United States averaged 4562.35 Thousand from 2000 until 2020, reaching an all time high of 7520 Thousand in January of 2019…
Withholding tax collections were relatively stable through November. But the 5 day average ticked a hair below November’s low here in early December. New lows would suggest that December’s jobs data will be awful, which will add to the likelihood of more stimulus, both fiscal and monetary. Whether that’s bullish or not depends on the Fed. The wrong fiscal/monetary balance could ignite a conflagration.
Mortgage Application in the United States decreased by 1.20 percent in the week ending December 4 of 2020 over the previous week. Mortgage Applications in the United States averaged 0.57 percent from 2007 until 2020, reaching an all time high of 55.40 …
It’s an 80s dance party. Let’s get high and dance!
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.