Was it good for you?
Fed QE: $8.801B Coupon Purchase 2020-07-31
If that wasn’t the most anticlimactic worst economic quarter in history. The numbers were just as bad as people were expecting – which is the point. It’s not like this economic collapse snuck up on anyone, nor did its scale and depth. We’ve all known from the very beginning what the deal was going to […]
No federal bailout or stimulus can reverse these three dynamics, and no amount of legerdemain can replace the spending of the top 10%.Few of those anxiously seeking a rebound in consumer spending take into account the top 10% of households account for …
Well the news is out. U.S. Economy Posts Sharpest Downturn on Record, says the Wall Street Journal. “The U.S. economy contracted at a record 32.9% annual…
More of the same, and the skies are not cloudy all day.
Fed QE: $1.733B Coupon Purchase 2020-07-30
Roger, we need a new scale for the chart.Latest data for U.S. Federal deficit through June 2020 is shocking.
An infrequent update on Russia COVID19 stats:Daily Cases and Deaths:Russia is failing to arrest the new cases curve and the deaths curve, with both series running at elevated levels through July. Thee decline in new cases around the end of June was als…
U.S. continues to show the way on how NOT to do pandemic response. However, in recent days, there has been a re-acceleration in the new cases arrivals in the EU27