...as has become clear from the Shelton controversy, the Fed and its supporters have no interest at all in hearing any opinion from outside the narrowly defined orthodoxy that is currently deemed acceptable...
Intangibles as a portion of total assets in the S&P 500 have reached unprecedented levels. As of 2020, 90% of all assets in the S&P 500 are now intangible...
...whether it is "important news and better virus news" when US markets are closed as JPM claims, or simply because that's when central banks are most active in propping up markets, it doesn't matter...
If the Republicans manage to hold on to at least one of these two seats, the Senate is likely to shoot down the ambitious spending plans of the Democrats.
...suggests that the Fed is unintentionally worsening economic inequality by providing the most help to capital markets while leaving the working-poor to fend for themselves
"Despite having an attention span shorter than a goldfish’s (8 seconds) Gen Z is the most disruptive generation ever and sees themselves as ‘citizens of the world’. "
States are increasing lockdowns again except this time there is no program in place to deal with the mess... Bankruptcy counts will soar. What a disaster.
Trust in institutions, authorities and Big Pharma are scraping the bottom of the barrel, and rushing these vaccines into mass use with extremely high expectations of efficacy is setting up the potential for a devastating loss of trust...
