The recent trend remains in line - ever bigger auctions (the $55BN auction size was more than 50% higher than the auction sizes for much of the past decade), at ever lower yields, all of which has been made possible by the Fed.
"People will have to save more to reach their objectives, be they a secure retirement or sending their kids to college. That leaves less money to spend."
US General kicked off major US-Japan joint naval exercises by declaring regional assets "can and could be used to deliver combat troops to defend the Senkakus."
Americans predict they will spend an average $805 on Christmas gifts this year, significantly below their estimate a year ago ($942) and the lowest October holiday spending projection Gallup has measured since 2016
"We saw an impact of people depositing their stimulus checks into Robinhood. We saw, you know, deposits that were equal to or multiples of the stimulus amount."
...the 60-year-old cult leader was facing just 15 years for charges of sex-trafficking, racketeering, child pornography, and forced labor. However, Judge Garaufis used his discretion to increase the sentence to 120 years...
By registered party, the split is 26.7% of Democrats vs. 16.1% of Republicans and 55.8% of independents. That implies a lead for Democrats that Republicans will have to better on the ground on 3 November with in-person ballots.
The long-awaited shale patch consolidation has arrived, sparking another bout of merger mania in the energy industry. It’s reminiscent of the one in the late 1990s, just as the Internet bubble was exploding. But don’t expect the stocks to rally this time.
