April 6, 2020
“Two weeks ago, just after the Fed first announced its massive overnight and term repo operation expansion which now amounts to some $1 trillion in daily repo capacity (and before Powell expanded this bazooka to included ZIRP and unlimited QE),… Continue Reading…
February 21, 2020
“The 10-year Treasury note yield TMUBMUSD10Y, -3.79% was down 3 basis points to 1.495%, the lowest since last September, while the 2-year note rate TMUBMUSD02Y, -3.24% edged 1.4 basis points lower to 1.381%. The 30-year bond yield TMUBMUSD30Y, -3.26% slipped 4.2 basis points to 1.930%, falling below… Continue Reading…
December 4, 2019
“On Black Friday, shoppers spent a record-breaking $7.4 billion, according to preliminary data published by Adobe Analytics, which measures transactions from 80 of the top 100 online retailers. It marks the second-largest online sales day ever, falling slightly short of last year’s Cyber… Continue Reading…
November 29, 2019
“Early November results bode well: Comparable-store retail sales gained 1.3% in the first two weeks of the month, according to Fiserv, a major U.S. processor of credit-card transactions. Cooler weather likely spurred apparel growth for warmer, seasonal clothing, particularly at… Continue Reading…
July 11, 2019
“The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell that signaled easier monetary policy could be implemented later this month… Meanwhile, the S&P 500 rose 0.3% to trade back above… Continue Reading…
March 22, 2019
Would you like to save money and have fun while doing it? Here’s a neat way to do so. First pick a coin any coin. Every time you break a dollar save that coin. For this example lets say you… Continue Reading…
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