As the second wave of Covid-19 infections in the UK continues to grow, forcing the govenment to reimpose a full lockdown across England, the number of Covid patients in mechanical ventilation beds is unfortunately increasing, too. So far though, as thi…
At 6:30 AM in New York, the ES fucutures have spent the overnight hours pulling back, reaching key support at 3460. That also happens to be the 5 day cycle downside projection.
What happens next depends on whether this support level and target ho…
As the second, larger wave of new Covid-19 infections in the UK continues to grip the country and force the govenment to reimpose varying degrees of lockdown, the number of people in hospital with the virus is naturally rising, too. So far though, as t…
Straight from the blowing bowels of the NY Fed.
The COVID-19 pandemic has caused a surge in economic inequality in the U.S., as millions of workers remain permanently unemployed from the job they had before the virus reached the country. However, COVID-19 and subsequent economic hardships are only e…
The core dynamic is ultimately the loss of social cohesion within the ruling elites and in the social order at large.
I can say only that I’m glad not to be in the US now. I’m doing my best to avoid consuming any news. Just make it stop, ok?
Meanwhile, Wall Street rolls and the clueless media invents a different excuse for it every 15 minutes.
Actually, over the very long term, it’s not bullish at all. But in the short run? Aye, there’s the rub.
Remember them? One of Europe’s largest banks? Check. The oldest bank in the world with continued trading since 1472? Check. The first bank in history to require a sovereign rescue? Check. In 1624, the Medici Grand Duke of Tuscany rushed to gu…
There were some positive signs for gold last week and they are coming at just the right time.