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.
Services PMI in the United States increased to 57.70 points in November from 56.90 points in October of 2020. Services PMI in the United States averaged 53.68 points from 2013 until 2020, reaching an all time high of 61 points in June of 2014 and a rec…
When the COVID-19 pandemic hit the U.S. economy with full force in late March, causing stock markets and economic indicators to plummet and erasing nearly 20 million jobs in a matter of weeks, many had hoped that this crisis would go away as quickly as…
When the COVID-19 pandemic arrived in the United States in March, forcing widespread lockdowns to contain the spread of the virus, consumer spending fell off a cliff. Following an abysmal April, which saw spending levels down more than 18 percent compa…
The market started a baby downtrend channel last week. The top of the channel will open on Monday at 3572. Here in the premarket around 5:30 AM in New York, that trendline was being challenged as, once again, Asia and Europe have rallied. This report shows you what to look for this week as it affects the longer term outlook.
Non Manufacturing PMI in the United States decreased to 56.60 points in October from 57.80 points in September of 2020. Non Manufacturing PMI in the United States averaged 54.60 points from 1997 until 2020, reaching an all time high of 62 points in Aug…