November has been thee worst month so far in this entire pandemic in terms of daily cases increases for both the EU27 and the U.S.
Trust in institutions, authorities and Big Pharma is scraping the bottom of the barrel, and rushing these vaccines into mass use with extremely high expectations of efficacy is setting up the potential for a devastating loss of trust in the vaccines should they fail to live up to the claims of 100% safety and 95% effectiveness.
After a turbulent 12 months that saw Tesla’s share price soar by more than 500 percent, the world’s most valuable car maker will soon be added to the S&P 500 index. Tesla will be one of the largest additions ever to the S&P 500, prompting S&P Dow Jones…
Compared with other countries, the growth of non-bank financial actors in China has been huge within the last decade. Despite the recent crack-down on asset flows moving away from traditional institutions, the Chinese government is still wary of the le…
The Economist Intelligence Unit’s Worldwide Cost of Living survey named Zurich, Pris and Hong Kong the world’s most expensive cities. Using New York as a benchmark, the research compared the price of 138 items in different cities around the world. The …
Housing Starts in the United States increased to 1530 Thousand units in October from 1459 Thousand units in September of 2020. Housing Starts in the United States averaged 1428.48 Thousand units from 1959 until 2020, reaching an all time high of 2494 T…
A couple of weeks after several European countries went on (at least partial) lockdown once again in the face of surging COVID-19 cases, the tightening of restrictions appears to be paying off. As the following chart, based on data from the Johns Hopki…
Dare we dream? Two straight down days? Nah.
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.