Sweden has been continuing its uncontested-by-anyone-else march toward thee non-existent ‘herd immunity’:And the pipeline of upcoming intensive care patients seems to be un-abating:In the mean time, the rest of the Nordics have crushed the curve. And t…
U.S. is now one day away from catching up with the EU27 in terms of total deaths
New cases are at a historic high.
Continued unemployment claims and others.
I don’t have the answer. The market seems a bit conflicted. Here’s what to look for today with updates to follow throughout the day.
As the inverted pyramid collapses, the effects will be non-linear.Round about late March, we entered a Financial FantasyLand in which all the sins and excesses of rampant financialization were going to be painlessly washed away. Mever mind the ent…
The Trump Regime and its minions like Mo Ron DeSantis in state governments have been telling us that the daily record breaking COVID infection rate isn’t a problem because the death rate is way down. That’s good news, they say.
Well not anymore.
Raising red flags during a bubble is a thankless job. The crowd gleefully cheers the momentum and as tops are processes anyone voicing contrarian reservations looks to be wrong while the bubble […]
And there’s today’s headline. And what time is it when it’s 9:30 AM in New York? That’s right kids…
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.