Updating through June 2, 2020 ECDC data:Daily counts are accelerating on-trend with no trend inversion and close to historical peaks:Death counts are lagging daily counts, but persistent decline in counts over the previous weeks has now been arrested:W…
Time may not heal all wounds, after all. One thing it does do is clarify. There was a time not all that long ago when 20 million sounded absolutely enormous. How quaint today. At the end of March, initial jobless claims in the US were surpassing that unthinkable level leaving everyone to hope it wouldn’t […]
We’ve watched this bizarre scene unfold where the Fed is gradually reducing QE, the Treasury keeps pounding the market with new supply and stock prices keep rising. Here’s how they did it, and what changes ahead will force a change in the outlook.
Trump and Murdoch did this. They have what they’ve wanted now.
Martial law is next. Chaos is and always has been the goal, the pretext to install permanent Trump Regime rule.
The only institution that could save America from Trump now is …
The fact that self-serving cover stories are now the norm is making it difficult to love our servitude with the slavish devotion demanded of us.
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.
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.
McKinsey research note on European banks’ potential losses due to COVID19 is quite on the money:With more than 1/3rd of European executives expecting “a muted recovery that would lead to sharp drops in banks’ revenue, a squeeze on their capital, and a …
The U.S. media has been quick in accusing Russia of stirring the current wave of violence that is sweeping across the U.S. cities. As daft as it may sound, Russia has now been effectively elevated to the national cause of every malaise in many major U….
BRIC Manufacturing PMIs are out for May, showing some marginal improvements in the sector. However, of all four economies, China is the only one that is currently posting activity reading within the statistical range of zero–to-positive growth. Brazil…