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 […]
Extremes become more extreme right up until they reverse, a reversal no one believes possible here in the waning days of 2020.
When Ludwig van Beethoven was born in December 1770, the world was a different place. And while the German composer and pianist who would have turned 250 today is naturally long gone, he left a musical legacy that endured centuries. Until today, Beetho…
Conventional wisdom says that the weeks leading up to Christmas are the most important time of the year for retailers in the United States. According to the National Retail Federation, Americans are going to spend between $755 and $767 billion in the m…
As gold’s pattern looks more promising, I’ve added 5 new picks to the chart pick list of the miners.
Personal Spending in the United States increased 0.50 percent in October of 2020 over the previous month. Personal Spending in the United States averaged 0.53 percent from 1959 until 2020, reaching an all time high of 8.70 percent in May of 2020 and a …
The euro now costs $1.22 USD. I have now suffered 13% inflation in the 13 months that I have been in Europe.
Since the US still imports stuff from the ROW, I’d imagine we’re going to start seeing some of the impact of the horseshit weak dollar on…
Whatever your Christmas plans this year, chances are this festive period won’t resemble any in recent memory. With the country still fighting the Covid-19 pandemic, estrictions on our daily lives force us to adapt our behaviour and our life plans to pr…