China’s Currency Bluff to Stop Capital Flight
Looking for a currency bluff? I have one!
Hard hitting global and local news
Looking for a currency bluff? I have one!
Every month, the NY Fed conducts a survey of consumer expectations. The top chart is from the Fed, I created…
Employee compensation, wages plus benefits, rose at the fastest pace since the recession.
Thanks to Trump’s tariffs, China all but stopped importing US soybeans. Iran picked up much of the volume, cheaply too!
Bitcoin may or may not be in the future, but Blockchain surely will be. The next applications will be more…
Eurozone growth slows to 0.2%, a four-year low as Italy stagnates. CEBR says risks of a global recession have risen.
Volcker openly criticizes his Fed successors over inflation targeting. He is correct yet he did not go far enough.
Trump’s tariffs are taking a huge bite on corporate profits, but the US will not benefit at all.
After nearly two decades as CDU Leader, the end is in sight for Angela Merkel. Her first term as Chancellor…
Personal income rose 0.2% in September, with real disposable income up only 0.1%. The CPI was up 2.0% year-over-year.