Virus-flashback
For a moment, the stock market was back in the spring of 2020, the moment of the first virus outbreak. Yet there are more differences than similarities. That means a much smaller impact on the [...]
Strategic oil reserves must be used to bring down the price.
US President Joe Biden has released 50 million barrels of oil from the US strategic oil reserve. The aim is to depress the rising price of oil. Those 50 million barrels of oil are equal to what [...]
Black Friday on stock exchanges
The name Black Friday dates back to the 1960s and was first used by the police because of the enormous traffic volume in the city of Philadelphia on the day after Thanksgiving. This Friday is now [...]
Four more years of Powell
Four more years Yesterday, it was announced that Jerome Powell will be appointed for a second four-year term as governor of the Federal Reserve. Not an insignificant event, since central bankers [...]
The inflation debate
Now that inflation is no longer seen as a temporary phenomenon, it may have a greater impact on the economy, on politics, and on monetary policy. Understanding and combating this inflation first [...]
Monopsony in the bond market
A monopsony is a market structure in which there is only one buyer. In such a market, the buyer has the power. As a result, the price is pushed down. Such a monopsony exists in the bond markets [...]
Green light for Biden
U.S. President Joe Biden has achieved success, because he has received the approval of the House of Representatives for his plans to spend 1,000 billion dollars on polishing up his [...]
Fed starts winding down corona program
Nothing is more palatable to investors than a central bank that does what it communicates. After the announcement of the decisions of the FOMC, the policy committee of the Fed, the U.S. markets [...]