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Banking

“Repo Market BREAKS As Dealers Run Out Of Securities To Use For Fed Funds”

“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…

Stocks

Should You Pull Out Or Invest In the current Stock Market?

I’m going to make this short and sweet. Look stocks for the past week or two. Not everything is in decline. Actually Some stocks are rising. Specifically stocks in the medical industry. Any kind of company that deals with vaccines… Continue Reading…

Economy, Personal Finance

“Nearly 1 in 3 American workers run out of money before payday—even those earning over $100,000”

“…For about a third of Americans, this is a regular financial stress, with 32% running out of money before their next paycheck hits, according to a new survey fielded by Salary Finance of over 2,700 U.S. adults working at companies with over… Continue Reading…

Economy

“Wives now out-earn their husbands nearly a third of the time”

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…

Personal Finance

“How to get out of debt and save more money in 2020”

“…Goal #1: Paying down credit card debt Credit card debt is the most expensive kind of debt — significantly costlier than borrowing money to go to college, buy a car or even purchase a house. The average credit card interest… Continue Reading…

Stocks

“Peloton saw $942 million in market value wiped out in a single day…”

“Shares of Peloton, the buzzy bike startup, fell more than 9% on Tuesday as backlash to a new holiday ad built on social media. That erased nearly $942 million from Peloton’s market value in a single day, bringing the company’s market… Continue Reading…

Economy

“Social Security shortfall: Trust fund to run dry in 2035, trustees predict”

“Social Security’s Opens a New Window. reserve funds are expected to be depleted in 2035, at which time the program will no longer be able to pay out benefits Opens a New Window. in full. That’s according to the annual… Continue Reading…

Economy

“New York City’s Population Dips for First Time in Over a Decade”

“The nation’s largest city is losing population for the first time in more than a decade, new federal estimates show…” https://www.wsj.com/articles/new-york-citys-population-dips-for-first-time-in-over-a-decade-11555560060 This might not look like a business article at first glance. This is article is important in regards to… Continue Reading…