Storage of the ice cream, produced by Tianjin Daqiaodao Food Co., was sealed after samples sent by the firm to a local disease control center last week tested positive for the virus. Hundreds of boxes of ice cream entered the market. Read more…
With US deficits rising thanks to COVID, and the Fed reviving QE thanks to COVID, the global dollar-based financial system is in trouble, if for no other reason than that the global economy is slowing (meaning Europe, Japan and China Read more…
At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the Read more…
ETFs And Passive Investing Have Wildly Distorted S&P 500 Valuations, Study Finds Academics are starting to arrive at a conclusion we have been talking about for years: the influx of ETFs and passive investing in today's market could be more Read more…
A field reporter at The Daily Caller, Jorge Ventura, reports from the Ohio Statehouse, where he notes that “580 National Guard members” were activated “to provide security around the Ohio Statehouse in downtown Columbus through Wednesday.” Boogaloo boys marching towards Read more…
What makes up the difference is 33% approval among Democrats – after Pence upheld his ceremonial role and presided over a Joint Session when Congress counted the votes of the Electoral College. Finally, while the President is reportedly going out Read more…
stimulus checks). The amount is a “topping up” of the $600 “stimmy” approved by Congress in December. Together, these total the $2,000 “stimmy” promised to voters. Naturally, Biden's fulfilling the dream of America's central planners. You know the plan by Read more…
It is helpful to focus on China's market share of US imports, just for the goods subject to trade taxes. After that spike, imports of taxed products (from all economies) settled into the USD 70bn to USD 80bn range that Read more…
He was discussing the importance of narrative in society. Stories drive people.” Of course, economists may not know how to tell a good bedtime story, but they sure can put a room filled with middle-aged nerds to sleep. Which may Read more…
The on-going Federal Reserve's QE purchases, plus all other major central banks, are plowing $1.3 billion into capital markets every 60 minutes since March. And, of course, all this newly printed money has found a home in financial markets, real Read more…