Electric carmaker Tesla reached a market valuation of over $270 billion in August, propelling them over $70 billion more in valuation when compared to top global carmaker Toyota to be the most valuable carmaker in the world. Tesla trailed the Japanese …
On Wednesday, Samsung announced their new 5G smartphones will be released near the end of August, with price tags for the new Galaxy S20 and Galaxy Note 20 starting at $1,000. That’s a $300 price decrease from their flagship smartphones from 2019, and …
The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria.”Markets” that never go down aren’t markets, they’re signaling mechanisms of the Powers That Be. Marke…
This chart uses IMF estimates to show the countries most burdened by their national debt. Japan has by far the biggest problem, with general government gross debt at 238 percent of its GDP. In fourth place, the economic struggles of Lebanon add an extr…
Reposted with permission of Apartment List. View original post here. By: Igor Popov, Chris Salviati, and Rob Warnock For the fourth straight month, roughly one-in-three Americans failed to…
Rural states and those with large tourism industries are the first to put restrictions on all interstate visits as coronavirus case numbers continue to rise in many places in the United States. This is according to a list compiled by CNN.Hawaii, Maine,…
Macro liqudity been bullish since early July. That was no secret. We were fully informed and prepared. And it’s no secret that this balance is…
This is ridiculous. Absurd even.
1,058,547,236. Back to school season is just around the corner and that’s the number of learners who still aren’t able to attend class (as of early August) due to the pandemic. According to UNESCO, that figure represents 60.5 percent of all learners wo…
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.