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.
Here’s that beautiful 2 hour bar chart again. It sure looks like it’s trying to bottom here, if you look at where it is, and the behavior of the lower indicators. In addition, the 5 day cycle projection of 3218 was hit. But I would have expected more …
A rising dollar, when combined with a falling rate of growth, can be a lethal combination.
The “take this job and shove it” exodus is silently gathering momentum.
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.