Gold and silver deliveries on the Comex have surged since March 2020. While delivery volume in 2021 and 2022 are below the massive amount seen in 2020, overall volume is very elevated compared to pre-Covid levels.
Much is being said of Tornado Cash’s usage by the North Korean state-backed hacking group Lazarus, but the likelihood that North Korean hackers make up anything more than a tiny fraction of a percent of Tornado’s users is small.
For nearly 50 years, U.S. imports have exceeded exports and 2021 was no exception. Imports of goods to the U.S. equaled $2.8 trillion, relative to $1.8 trillion for exports, putting the 2021 goods trade deficit at its highest level on record.
The Swiss economy is extremely productive, and very little of that success relates to retail banking. Statistically, since 1880 Switzerland has outpaced its European neighbors by a wide margin.
Google parent company Alphabet published its 2022 Sustainable Bond Impact Report, indicating that the company has completed the allocation of the proceeds of its 2020 $5.7 billion sustainability bond, and outlining the details of the deployments.
After retreating most of last week, the US dollar has extended yesterday’s gains today. In stocks, the US S&P 500 rose to reach almost four-month highs yesterday.
August's ZEW reading only adds to the bad news out of Germany. The long list of risks and challenges the German economy is facing makes a recession in the second half of the year almost inevitable.
It now looks as if the S&P 500 is going to break above the 4300 level, and that opens up the possibility of a bit of a “melt-up”. There’s nothing truly keeping the market back other than the 200-day EMA, an indicator that is only somewhat reliable.
The Chinese economy has been wracked by rural bank defaults and boycotts over mortgage payments. First, I will explain these events and what they reveal about the health of Chinese markets.
Much is being said of Tornado Cash’s usage by the North Korean state-backed hacking group Lazarus, but the likelihood that North Korean hackers make up anything more than a tiny fraction of a percent of Tornado’s users is small.
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco) with total fiscal 2021 volume of 232 billion cigarettes sold in more than 160 countries.
The S&P 500 will challenge the 200 Day Moving Average this week, and yes have another chance to battle resistance. Expect a contentious battle to ensue.