The reality is the roulette wheel is rigged and only chumps believe it’s a fair game.
Rankings of companies by revenue normally include only those which are publicly listed and therefore required to publish financial figures on a regular basis. But there are also some hidden giants among companies which have avoided stock markets and, i…
CUSIP: 9127963T4Term and Type: 41-Day BillCMB: YesHigh Rate: 0.075%Investment Rate: 0.076%Price: $99.991458Allotted at High: 73.25%Total Tendered: $94,470,499,000Total Accepted: $30,000,686,500Auction Date: 11/24/2020Issue Date: 11/27/2020Maturity Date…
CUSIP: 9127962F5Term and Type: 118-Day BillCMB: YesHigh Rate: 0.090%Investment Rate: 0.091%Price: $99.970500Allotted at High: 25.23%Total Tendered: $104,325,676,000Total Accepted: $30,000,314,000Auction Date: 11/24/2020Issue Date: 11/27/2020Maturity Da…
Four vaccine announcements. Janet Yellen to the Treasury. Donald Trump opening the path to a transition. Fed and ECB signaling more stimulus to come and yet, no new highs on $SPX and […]
Richmond Fed Manufacturing Index in the United States decreased to 15 points in November from 29 points in October of 2020. Richmond Fed Manufacturing Index in the United States averaged 2.73 points from 1993 until 2020, reaching an all time high of 29…
Anyone who has traded this market successfully since Pfizer Day is a genius.
I am not a genius.
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.
Eviction moratoriums in several large cities and states began during the beginning of the coronavirus pandemic, with a national moratorium stopping and then restarting through the fall. With a rising wave of COVID-19 sweeping through the country at nea…
What we need is not a return to the corrupt, tottering kleptocracy of 2019, but a re-democratization of capital, agency and money.