CUSIP: 91282CAE1Term and Type: 9-Year 10-Month NoteSeries: E-2030Reopening: YesInterest Rate: 0.625%High Yield: 0.765%Price: $98.675865Allotted at High: 75.60%Total Tendered: $87,593,836,800Total Accepted: $35,979,108,800Auction Date: 10/07/2020Issue D…
We are in a continued state of global pandemic still raging unabated.
After a news noise event like yesterday’s I wouldn’t read much into the chart until the reverberations settle down. Here’s the hourly. It shows that at 5:20 AM in NY, the rebound reached resistance at 3378.
Fall traditionally marks the start of flu season in the U.S. and this year is expected to be more difficult than usual due Covid-19. Yesterday, President Trump once again downplayed the threat posed by the coronavirus by exaggerating influenza’s death …
Insulin prices have risen dramatically in the United States over the course of the past decade and the RAND Corporation has released a new report comparing the situation with other countries. Using a price index analysis, the research found that U.S. i…
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.
I missed it: did anyone ask Chairman Jay Powell how in the world he’s going to be able to create this “hot” inflation he already needs to balance out a decade without it (meaning: recovery and growth) in order to satisfy this newfangled average inflation target? And though he makes it sound like it’s a […]
Quite a lot of things can go wrong, especially if the mainstream’s rose-tinted sunglasses induce a delusional confidence in fantasy.
After leaving Walter Reed Medical Center yesterday, President Trump had a positive message for the American people after the first few days of his experience with Covid-19: “Don’t be afraid of Covid. Don’t let it dominate your life.”As survey data from…
So far there have been approximately 7.5 million confirmed cases of Covid-19 across the United States according to Johns Hopkins University with California (836,152), Texas (794,319) and Florida (717,874) registering the highest totals. When it comes t…