The 2000s have been an eventful period from the standpoint of global finance. Most conspicuous are the two instances of the global recession, one in 2007/08 and the second one still unfolding now. In both of these instances, central banks worldwide have had to go outside the ordinary to restore calm. Central banks have several tools they could deploy to combat the recession. … [Read more...] about The Role of Quantitative Easing in Income Inequality
US Business Remains Optimistic on Sustained Manufacturing Activity
About 64% of U.S firms expect growth in the next six months, more than 12% that project declines, according to the Federal Reserve Bank Philadelphia press release. The figures are based on a Manufacturing Business Outlook Survey that showed an increase in general activity, new orders, and shipments for the eighth consecutive month. The diffusion index for current activity … [Read more...] about US Business Remains Optimistic on Sustained Manufacturing Activity
StrategyQuant X Review
We’d like you to read a review of a Strategy QuantX company. It introduces itself as the most powerful platform to generate, develop, and research algorithm trading strategies with a click of a button - “Create New Trading Strategies For Any Market And Timeframe.” Detailed Forex Robot Review What the platform allows us to design: There’s no need to code … [Read more...] about StrategyQuant X Review
U.K had 35% Plunge in Consumer Spending, New Card-Purchase Data Shows
U.K card purchases went down by 35% below pre-pandemic levels in the second week of January, according to the Office for National Statistics, press release. Spending on credit and debit cards was 4% higher than in February, the month before the pandemic struck. The decline in consumer spending reflects the impact of tightened lockdowns in controlling the coronavirus and … [Read more...] about U.K had 35% Plunge in Consumer Spending, New Card-Purchase Data Shows
U.S. Jobless Claims Fell, But Remain Higher than Pre-Crisis Levels
U.S jobless claims were 900,000 in the week ending January 16, down 26,000 from the previous week and less than expected 935,000, according to the Department of Labor press release. Continuing claims fell by 127,000 to hit 5.05 million, less than the expected 5.3 million in the week ending January 9. The 4-week jobless claims moving average was 848,000, an increase of … [Read more...] about U.S. Jobless Claims Fell, But Remain Higher than Pre-Crisis Levels
