The dollar could bring investors a nasty surprise
Our currency, your problem. That is how John Connally, America’s Treasury secretary, described the dollar to European leaders in 1971. The phrasing was...
2:00PM Water Cooler 9/26/2024 | bare capitalism
Hen Tune of the Day
Sage Thrasher, Gunnison, Colorado, United States. Twelve minutes! I suppose individuals turn into fascinated with the mimicry and marvel...
Economics Is a Walk in the Park
Chaos erupts when our dog sees me put my shoes on. She hopes–hopes!–that the next thing I reach for will be the leash...
Daly Sees Fed Raising Rates Above 5%, But How Far Is Unclear By Bloomberg
© Bloomberg. Mary Daly
(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly said she expects the central bank to raise interest...
Market Talk – April 27, 2023
ASIA:
Investors are bracing for a regime change in global markets as the Bank of Japan moves closer to abandoning policies that have depressed...
The White House, the Fed, and the Economy: Mises Circle in Ft. Myers, FL
Every day, Americans feels the costs of the political capture of the economy. Inflation, taxes, and regulatory costs hit our paychecks and savings....
Central bankers worry that a new era of high inflation is beginning
In august 2020 Jerome Powell, the chairman of the Federal Reserve, described a shift in the central bank’s policy framework. “The economy is...
some banks forecast 75bp Fed hike By Reuters
© Reuters. FILE PHOTO: The Federal Reserve constructing is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photograph
SINGAPORE (Reuters) - Funding banks...
As inflation bites, higher-income shoppers are reducing again, too
Miami, Florida, Brickell Metropolis Centre shopping center with Apple Retailer, Chanel and escalators.Jeff Greenberg | Common Photographs Group | Getty PhotographsWith as a...
The debt and local weather crises are escalating—it’s time to deal with each
An enormous debt disaster is brewing within the World South. The IMF had sounded alarm over rising debt sustainability issues in lots of...