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.
Wake up, America, and see the Fed for what it really is: a totalitarian tool of kleptocracy.
The bears took control last week, crushing all the uptrend lines I had drawn on this chart. Now we have a well-defined downtrend. The market has also edged below several old long term and intermediate trendline extensions. If these aren’t immediately recrossed, the downside becomes wide open.
Sales of the U.S. Mint gold coins have moderated off their pandemic highs, but remain elevated by historical standards
Our nation is facing a dark and challenging winter.
As opposed to airlines, hotel chains, restaurants and millions of small businesses that are fighting for survival amid the COVID-19 pandemic, the world’s most prominent tech companies have been remarkably unaffected by the crisis (so far). Defying the …
The folks over at MSN Money have compiled an interesting list of the world’s thirty most expensive buildings. The Saudis are well known for spending their petrodollars on everything from advanced military hardware to lavish construction projects and th…
I woke up this morning to see the ES down over 60 points from yesterday’s close. I expressed my shock in a few posts at the end of yesterday’s thread.
had you been trading the futures from yesterday’s clothes through the overnight session and int…
Sent straight from the bowels of the NY Fed.
Wind and solar energy are quickly becoming one of the cheapest forms of energy across the world. This is leading to a booming growth in these two renewable energy industries, with several large carbon emitting countries vowing to expand renewable infra…