Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The Federal Reserve has expanded their balance sheet beyond anyone’s wildest imagination. Even the members of the Fed themselves were probably wondering how much more this system can handle. But it seems as though you can buy unlimited amounts of garbage with no consequence. As long as you calculate certain statistics like inflation incorrectly, you can keep inflation low. A 2% target that never gets hit, should always be followed up with more QE, right?
As economy struggles, Fed weighs boosting bond purchases
As economy struggles, Fed weighs boosting bond purchases
At their meeting earlier this month, Federal Reserve officials discussed possible future adjustments to the central bank’s monthly bond purchases to boost the economy.
Minutes of the Federal Open Market Committee, November 4-5, 2020
Click to access fomcminutes20201105.pdf
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Thanksgiving Dinner Costs up 9.8% in 2020 – AdvisorSmith
Thanksgiving Dinner Costs up 9.8% in 2020
With the Thanksgiving holiday fast approaching, Americans around the country are preparing their menus for the traditional holiday. This year, Thanksgiving celebrations may be a bit different given the effects of the coronavirus pandemic leading to smaller family gatherings with fewer people and potentially less holiday travel.
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IBM Planning 10,000 Job Cuts in Europe Ahead of Unit Sale – Bloomberg
Deutsche Bank Weighs Move to 2-Days-a-Week Remote Working – Bloomberg
Airlines set to lose $157 billion amid worsening slump – IATA | Reuters
Airlines set to lose $157 billion amid worsening slump – IATA
Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets.
Hollywood Grapples With Layoffs, Redefines Itself for Streaming Future – Variety
Hollywood Grapples With Mass Layoffs as the Biz Redefines Itself for Streaming Future
Mass layoffs take their toll as the entertainment business redefines itself for a streaming future.
Unemployment Claims Are Rising Again Amid Covid-19 Surge
Unemployment Claims Are Rising Again Amid Covid-19 Surge
Another 778,000 Americans filed new claims last week.
UK Spending Review: Sunak Plans Pay Raises, Infrastructure, Cut to Overseas Aid – Bloomberg
BMO, CIBC Extend Work From Home to April as Canada Cases Surge – Bloomberg
Left for dead, twice, RadioShack gets another shot online
Left for dead, twice, RadioShack gets another shot online
SILVER SPRING, Md. (AP) – RadioShack, a fixture at the mall for decades, has been pulled from brink of death, again.
What Do You Do With a Lot of Dead Movie Theaters? – Bloomberg
China Blacklist Strands More Than 50 Australia Coal Cargoes – Bloomberg
L.A. Mansion Sale at $52 Million Discount Exposes Luxury Reality
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The stock market has been accelerating in 2020. People are buying stocks, equities. There has been a record inflow of cash, debt, money into the stock market 2020. Tech stocks are doing especially well. More debt is accumulating.
— APPENDIX —
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— The Money GPS: Housing bubble (Instagram)
— FOOTNOTES —
The Money GPS on Twitter: “Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick. / Twitter”
Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.
The Money GPS on Twitter: “JANET YELLEN MIGHT BE BACK. Anyone suggesting government took over the Fed and not the other way around needs to wake up. Fed gained more control. Even Bloomberg admits it. The revolving door and the control over the public is very evident to those paying attention. #janetyellen pic.twitter.com/2lHmrIHw0T / Twitter”
JANET YELLEN MIGHT BE BACK. Anyone suggesting government took over the Fed and not the other way around needs to wake up. Fed gained more control. Even Bloomberg admits it. The revolving door and the control over the public is very evident to those paying attention. #janetyellen pic.twitter.com/2lHmrIHw0T
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The Money GPS Financial Education 101 coming soon.100% free eCourse for you to learn from but for those who already know the content, this is perfect to share with others. I’m creating this course for people specifically to get the foundation #money #moneyGPS #financialeducation pic.twitter.com/nzqVVSSorT
The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
What Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »
“Do they really need to print more money? It’s ridiculous! But here we are. More money has been pumped into the system than ever before and yet here we are, more and more and more. It never ends. What a dangerous joke this has become.”
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