RECOVERY TRUMPS CASES
Equities rose after better than estimated economic data offset concern over an increase in coronavirus cases. US pending home sales posted a record gain, exceeding ...
30 June, 2020
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A BRIEF EXPLANATION OF EXCESS BANK RESERVES AND MONETARY VELOCITY
Gold is at the highest level in almost 8 years. Oil is almost $41 barrel. The yield curve is the steepest in over five years. Many, me included, believe a reason for the above is the result of the exponential increase in...
23 June, 2020
REALITY VS PERCEPTION
The headlines are stating corona virus cases are “surging.” As stated yesterday, nationwide cases are rising 0.9% on a seven-day average versus 1.0% registered one week ago. Testing however is...
18 June, 2020