
European stocks hit a new record highs on Thursday, buoyed by optimism in Britain over easing lockdown restrictions, while the benign outlook on US interest rates revealed in the latest FOMC Minutes […]
European stocks hit a new record highs on Thursday, buoyed by optimism in Britain over easing lockdown restrictions, while the benign outlook on US interest rates revealed in the latest FOMC Minutes […]
The housing boom sparked by the Federal Reserve during the virus pandemic was built on historically low mortgage rates (thanks to Powell), and accelerated by a combination of record low inventory as […]
Senator Elizabeth Warren appeared on CNBC last week, sparring with hosts Becky Quick and Joe Kernan over stock buybacks. Both sides here either forget about, miss, or fail to prioritize the key behavioral […]
We’re told we’re on the road to economic recovery. The $1.9 trillion stimulus is all we need to get us over the hump. But the truth is, Americans started spending like they […]
Yesterday morning shortly after the initial liquidation puke which saw tech shares tumbles, we had some “words of comfort” for all those fearful that the Fed may hike rates in the coming months […]
Stocks fluctuated in early Monday trading, with US equity futures and global stocks rising back to all time highs before fading some gains, as optimism over the $1.9 trillion U.S. stimulus plan […]
On Monday, the nexus of reserve currency helicopter money, the Federal Reserve, announced that it had sent $88.5 billion in so-called “profits” (i.e., interest income from all those bonds it “purchased” after […]
Confronted with an economic collapse induced by the coronavirus pandemic, the U.S. government took several measures—including direct stimulus checks, boosting the amount of unemployment insurance, and giving funds to businesses to keep […]
Well that escalated quickly. Just a few hours after initial breaking above $20,000 for the first time, Bitcoin has broken above $21,000. The extension follows reports of multiple whales pushing into Bitcoin, […]
The market has ripped higher since the November 5th FOMC statement (helped by vaccine hype and election hope) and it seems from the Minutes that there is some disagreement in the central […]