Broadcast straight from the bowels of the US Treasury. What’s that smell?
Despite progressing towards a service society in gigantic steps, China remains a major agricultural producer, especially when it comes to field crops and fruit. In the 2020/21 harvest season, the United States Department of Agriculture projects that 37…
Following a 38-percent drop in revenue in the past quarter caused largely by store closures due to the COVID-19 pandemic, Nike sales bounced back in the quarter ended August 31, the first of Nike’s fiscal year 2021. While overall sales for the sportswe…
Would you consider buying an electric car if it were just as expensive as an equivalent model powered by a traditional internal combustion engine? I’m betting many people would, and so does Tesla CEO Elon Musk. At the company’s annual shareholder meeti…
The uptrend from yesterday’s low looks solid, with a 5 day cycle projection of 3330-40. But first, trend resistance is suggested at 3316-17, and 3325-30. But even reaching 3340 might not give the bulls a victory in the big picture.
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.
As broadcast straight from the bowels of 222 Liberty Street, NY, the home of the NY Fed
Outside of the Democrats’ and Republicans’ strongholds, there are the battleground states (also known as swing states), which is where the U.S. presidential election will be decided. Whoever can take the most electoral votes from swing states has the b…
China has forged its path onto the world stage as an economic power. This also holds true for the digital arena. Homegrown Chinese tech firms like Tencent are becoming more well-known in the West and are serious contenders to brands like Facebook when …
According to a report by insurer Euler Hermes, the effects of the COVID-19 pandemic will be felt most severely in 2021 when it comes to business insolvencies. The number of insolvencies will rise sharpest in the USA (up 57 percent compared with 2019), …