Initial Jobless Claims Surge To Highest In Almost 4 Months Tyler Durden Thu, 12/17/2020 - 08:36 After rising for three of the last four weeks (with...
Overview: The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. Equity markets are moving higher. Led...
The December FOMC meeting concluded largely as expected with the Fed providing some additional guidance around the asset purchase program but declining to make changes to...
There Are Three Things That Can Kill The "Perfect Reflation Trade": Lessons From Two World Wars Tyler Durden Wed, 12/16/2020 - 21:10 By Michael Every of...
State attorneys general (AGs) have been getting more and more involved in defending workers’ rights, including bringing wage theft cases, suing companies such as Uber and...
In November, money supply growth rate was essentially unchanged from October and remains near September's all-time high. The stabilization we find in money-supply growth in recent months comes...
The vaccine for the COVID-19 virus recently began shipment. The Wall Street Journal states it will take until sometime in March of 2021 to vaccinate the...
The Federal Reserve said it expects to keep interest rates low until labor market conditions and inflation hit the Committee's standards. The post Fed will keep...
Every December, as Congress is wrangling over an omnibus appropriations bill, expiring tax provisions, or some other must-pass legislation, comparisons of party leaders to Dr. Seuss’s...
Low Income Households Are Blowing Through Savings Much Faster Than High Earners Tyler Durden Wed, 12/16/2020 - 12:20 One of the unexpected silver linings resulting from...
Joel Osteen's Church Received $4.4 Million In PPP Stimulus Payments Tyler Durden Wed, 12/16/2020 - 12:29 Authored by John Vibes via TheMindUnleashed.com, Joel Osteen’s Lakewood Church...
Stocks rose sharply on Tuesday (Dec. 15) as optimism grew that Congress could pass another COVID stimulus package before year’s end. Q3 2020 hedge fund letters,...
The pandemic has had unexpected effects on the housing market, causing a rush to sell. But is this the right moment?
If Congress somehow manages to come up with a stimulus package before the year end, it is very likely that it won’t include stimulus checks. Even...
The Federal Reserve is widely expected to reaffirm its ultra-dovish monetary policy in today’s FOMC meeting and the futures market continues to price the odds of...
We find low taxes on the rich bring economies little benefit, this suggests there is a strong economic case for raising taxes on the rich to...
Not having enough to eat is a major public health concern, not only because it causes hunger and distress, but also because it’s linked to poor...
Global Stocks Hit All Time High On Stimulus Optimism Ahead Of Fed Meeting Tyler Durden Wed, 12/16/2020 - 07:40 Another overnight session, and - predictably -...
Home became more important than ever in 2020. Kitchen tables became classroom desks, basements turned into offices and backyards became sanctuaries. The post What Moved Us:...
Thanks to lockdowns, high unemployment, and general uncertainty and fear over covid-19, the personal saving rate in the United States in October was 13.6 percent, the...
If Not Now, Then When? One Bank Makes The Case For Fed Easing Tomorrow Tyler Durden Tue, 12/15/2020 - 20:05 With stocks at record highs (prices...
Bipartisan Lawmakers Reveal Stimulus Details As McConnell, Pelosi Signal Progress Tyler Durden Tue, 12/15/2020 - 11:20 A bipartisan group of US lawmakers have finally revealed the...
The British pound continues to make inroads against the US dollar. GBP/USD is currently trading at 1.3389, up 0.45% on the day. The pound has gained 1.2%...
Congress is facing more pressure than ever as the year-end deadline to pass the next stimulus package nears. To exert further pressure on Congress, a bipartisan...
Stocks closed largely down on Monday (Dec. 14) as fears of stricter lockdowns outweighed vaccine optimism. Q3 2020 hedge fund letters, conferences and more News Recap...
Futures Jump As Vaccine Optimism, Stimulus Hopes Return Tyler Durden Tue, 12/15/2020 - 08:00 Yesterday morning, after the early swoon, we said that as part of...
"Amazing" Hypocrisy: Democrats Make Wreck Of COVID-19 Relief Negotiations Tyler Durden Tue, 12/15/2020 - 09:30 Authored by Matt Taibbi via TK News substack (emphasis ours), Democrats...
Oil demand forecast looks weak Oil prices are in wait-and-see mode as virus restrictions rise and vaccine rollouts begin. The short-term crude demand outlook remains bleak....
Overview: The S&P fell for the fourth consecutive session yesterday, the longest losing streak of the quarter, and this seemed to encourage profit-taking in the Asia...
In 2020, we saw fissures of inequality become chasms, while aging unemployment systems shut workers out. Education was turned upside down—and we gained new respect for...