Despite the expiration of the weekly supplement to unemployment benefits at the end of July, U.S. consumer spending continued to bounce back in August, albeit at a slower pace than before. According to preliminary estimates published by the U.S. Census…
So far, it’s just a triple bottom, and nobody knows whether it breaks or it holds. But if you look closely, if it holds here, it’s 3 higher lows on the ES. So unless they take out 3309, nothing has happened yet. It’s just a downtrend within an uptrend …
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.
Includes Treasury purchases and MBS settlements.
With all these warning signs pointing squarely back to the middle or end of July, it’s pretty clear that “something” changed the momentum maybe even direction of the economy’s reopening rebound. There’s also no question about what one key part of what might have been responsible, thus the quotation marks surrounding the word “something.”The federal […]
Here’s how much.
Supermarket and convenience store sales – seen as important indicators in the Japanese market – remained consistent throughout the coronavirus pandemic, numbers from the Ministry of Economy, Trade and Industry show. Supermarket sales were predictably e…
According to numbers collected by the UNESCO Institute for Statistics, tertiary students in Oman and Tunisia were most likely to graduate in a STEM field, with between 43 and 46 percent of students receiving a degree in engineering or a scientific, tec…
We all know it yet the unspoken truth deserves to be said out aloud. You all heard the phrases ‘Don’t fight the Fed’, and ‘ there is no alternative’. Can we be […]
A new Pew Research Center survey has found that international views of the United States have deteriorated sharply in recent years, particularly since Donald Trump was elected president. The downward trend in favorability accelerated over the past year…