If Netflix is one of the companies better suited to thriving within or despite the special circumstances created by the COVID-19 pandemic, Disney is certainly at the other end of that spectrum. With theme parks and resorts closed, cruises suspended, an…
After a turbulent week that saw the U.S. presidential election overshadow the coronavirus pandemic for a couple of days, the grim reality is setting in once again. Less than ten days after surpassing 100,000 daily new cases for the first time on electi…
It’s an illusion. I am not out of sync. The market was out of sync. 😄
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.
COVID-19 cases are once again skyrocketing across the U.S., this time reaching record-highs of over 140,000 total cases a day. Many states are reporting record-highs in average daily cases, positivity rates and hospitalizations, and data shows how this…
Where is it, Chairman Powell? After spending months deliberately hyping a “flood” of digital money printing, and then unleashing average inflation targeting making Americans believe the central bank will be wickedly irresponsible when it comes to consumer prices, the evidence portrays a very different set of circumstance. Inflationary pressures were supposed to have been visible […]
In 2014, the WHO annual measles update was titled “Measles deaths reach record lows with fragile gains toward global elimination.” It’s safe to say that these headlines are a thing of the past since the organization had much worse news this time around…
Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize.
Airbnb has once again delayed its long-awaited IPO filing for it not to be overshadowed by the uncertainty surrounding the U.S. election. The market-leading short-term rental company was originally planning to go public this spring, only to see its pla…
UK monthly GDP continues to recover after having experienced the biggest dip on record in April when the measure was down 19.5 percent compared with March. Between August and September, GDP in the UK rose for the fifth consecutive month but the pace ha…