With restrictions gradually lifted, borders and businesses reopening and a hint of normalcy returning to people’s lives in many countries, it’s tempting to feel like the worst is over six months into the pandemic. And while few countries are currently …
By around this time last year, 118 thousand acres had been burned by 4,927 wildfires in California. So far in 2020 this figure is at an astounding 2.3 million acres caused by 7,606 fires. Before this, 2018 had held the record for the amount of land bur…
Looks like the end result may be worth the snafu yesterday. When the upgrade stalled, tech support first showed up, and then they abandoned us for the rest of the day. Sorry about that! And now, to today’s charts and outlook.
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.
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…