Following a surge in new housing starts to end 2019, the global COVID-19 pandemic reached the private housing construction industry in the U.S. and caused a record-low number of new projects in the country. After three straight months of growth, howeve…
Triffin’s Paradox demands painful trade-offs to issue a reserve currency, and it demands the issuing central bank serve two competing audiences and markets.Judging by the headlines and pundit chatter, the U.S. dollar is about to slide directly to zero….
The forecast has changed. It’s less bearish, but it’s still bearish. Here’s why.
A gentle drop in trend.
A large share of countries around the world are now using Chinese AI surveillance technology, including facial recognition technology, in full or in part. This is according to a report by Carnegie Endowment for International Peace. Many countries are c…
Western European countries, which had successfully flattened the curve of COVID-19 infections, are now experiencing a surge of new cases. According to numbers by Johns Hopkins University, cases are growing quite rapidly again in Spain and France, where…
As the public feud between Apple and mobile games developer Epic Games heats up, some might wonder why it’s such a big deal. After all, how big of a difference can a couple of percentage points in commissions/app store fees make in the grand scheme of …
Bulls are a stubborn lot. Here’s what this hourly chart of the ES futures tell us.
Chart not loading. I’ll be back.
Today’s QE and where to get the schedule and impacts.
According to the latest figures, Japan has tallied 56,074 total coronavirus cases since the outbreak began, leading to the death of an estimated 1,103 Japanese citizens. Out of a total population north of 125 million, it’s hugely incongruous. For now, however, it does present an obvious reason why the government there didn’t go to such […]