Does anyone remember “transitory?” I know I do. I spent years ridiculing the idea. But after 2019’s interest rate debacle, cuts rather than hikes, the Federal Reserve very quietly banished that particular word. This was, of course, during the course of the central bank’s “exhaustive” study surrounding its major inflation puzzle. “Transitory” had been the […]
Term and Type: 29-Year 11-Month Bond
High Yield: 1.473%
China’s once strong agricultural sector is steadily losing importance and in 2019 was responsible for only around 7.1 percent of the country’s GDP. The industrial sector, which has long been the mainstay of the Chinese economy, is also losing relevance…
Switzerland has the most breweries per million inhabitants in Europe. As this infographic shows, it has 120 breweries for every million of its residents, even though it isn’t exactly known as one of the continent’s premier beer markets. Slovenia has th…
We’ve just come out of a summer period where nothing seemed to matter with markets relentlessly accelerating high to suddenly everything mattering as we just saw the most aggressive correction off of […]
Reposted with the kind permission of Apartment List. Click here to view original. By: Igor Popov, Rob Warnock, and Chris Salviati Introduction In the month since our last…
To start your morning, here’s the hourly of the ES along with what to look for today.
Well…
The selloff that we expected as a result of the scheduled month end liquidity shortage happened.
Just one problem.
The World Wildlife Fund has released a major new report showing that global wildlife populations have declined catastrophically over the past 50 years and that nature continues to be destroyed by humans at a rate unprecedented in history. The Living Pl…
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.