BURNanke was clearly hoping for a good excuse to double QE so he could one up ABE - jobs number certainly was as good as any…too bad QE is dead, unmarketable and finished. Ben has to deal with insolvent US banks and bank runs…Funny, I thought BAC as in such good health that they were authorzed to buy their own shares back and pay dividends…YEAH RIGHT BEN!
I think ‘ll buy some DX dollar contracts.
Energy expenditures as a percentage of PCE
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During the early stages of the pandemic, energy expenditures as a
percentage of PCE hit an all-time low of 3.3% of PCE. Then energy
expenditures increased ...
2 hours ago