Americans received the first coronavirus stimulus checks after Congress approved the CARES Act in March. Both sides have come up…
Continue ReadingComments on August Employment Report
The labor market swings have been huge, and the August employment report was at expectations of 1.4 million jobs added,…
Continue ReadingAugust Employment Report: 1.4 Million Jobs Added, 8.4% Unemployment Rate
From the BLS: Total nonfarm payroll employment rose by 1.4 million in August, and the unemployment rate fell to 8.4…
Continue ReadingCOT Report Data on Copper
Many analysts believe that high copper prices are a bullish statement about the future of economic growth in general. I would…
Continue ReadingWall Street Sentiment – Is it Time to Panic?
In our last submission, I said that, thanks to a dramatic improvement in many sentiment measures, the odds favored higher…
Continue ReadingActivists Oppose OCC’s True Lender Rule
Consumer & Civil Rights Advocates to OCC: Your Proposed “True Lender” Rule Would Help Fraudulent, Predatory Lenders Evade State Interest…
Continue ReadingSohn Hong Kong Virtual Investment Conference Takes Place September 9th
The 8th Annual Sohn Hong Kong Virtual Investment Leaders Conference 2020 presented by the Karen Leung Foundation is taking place on 9 September…
Continue ReadingAmphenol Loses Momentum while Nvidia Continues to Flourish
Stocks staged a very strong advance relative to bonds in the month of August. The broad market index was up…
Continue ReadingSeptember 3 COVID-19 Test Results
The US is now mostly reporting over 700,000 tests per day (fewer recently). Based on the experience of other countries,…
Continue ReadingA CBDC Crash Course: Can Sovereign-Focused Digital Currencies Become Monetary Reality
China’s central banking system officially launched large-scale testing of what could be the world’s first digital sovereign currency. The People’s…
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