Economy down, Market up, Does it make sense?

Photo by Zdeněk Macháček on Unsplash        While the economy registered a significant drop in this quarter, the market indexes skyrocketed. The fastest 30% drawdown in the history of global equities in the first quarter, followed by the most substantial 50-day advance in market history in the second quarter.  It proves that markets are driven …

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The Great Hack

Exploring how a data company named Cambridge Analytica came to symbolize the dark side of social media in the wake of the 2016 U.S. presidential election, as uncovered by journalist Carole Cadwalladr. Watch full movie following this link: https://g.co/kgs/BXofWN

Trump’s missteps threaten GOP majority in Senate

“McKinley sat on his front porch and didn’t campaign and was elected President. So it is possible for Biden to sit in his basement and not campaign and be elected President,” Sen. Charles E. Grassley (R-Iowa) tweeted recently. https://www.washingtonpost.com/powerpost/always-trumpers-complain-as-presidents-missteps-threaten-senate-gop-majority/2020/06/30/9857f9a6-ba41-11ea-8cf5-9c1b8d7f84c6_story.html

Economic Policy in times of Coronavirus, two approaches

Economic policy in times of Coronavirus, two approaches         It is interesting to observe in a graph the correlation between the deluge of money released by the Federal Reserve Board since March, and its effect on the S&P 500 index. The moment the funds start to flow, the direction of the curve reverses its course …

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Balance of Payments

U.S. International Transactions, First Quarter 2020 and Annual UpdateCurrent Account Deficit Narrows by 0.1 Percent in First Quarter Current Account Balance, First Quarter The U.S. current account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents …

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