FED – Cuts interest rates by 0.25% to a range of 4.25% to 4.50% – Forecast for two 0.25% cuts in 2025 December 19, 2024 The Federal Reserve (Fed) cut interest rates by 25 basis points to a range of 4.25% to 4.50%, confirming forecasts. At the same time,…
High borrowing costs are biting Russian businesses December 13, 2024 US restrictions imposed in June to undermine the Kremlin have put local banks in countries that trade with Russia at higher risk of so-called…
Tariffs, the destructive currency war between China and the US and the “strong dollar” December 5, 2024 Beijing has a powerful tool to respond to President-elect Donald Trump’s threatened new tariffs on Chinese goods: it could launch a currency war, a…
EU will suffer a loss of 260 billion from Trump tariffs – Markets crash from -15% to -20% November 28, 2024 If Donald Trump follows through on his promises and imposes tariffs on European goods imported into the US, then the continent will truly be…
Anger over high cost of living has brought down 70% of governments in developed countries November 21, 2024 Donald Trump’s victory over Kamala Harris and the Democrats in the November 5 elections represents part of a broader phenomenon: Most governments in developed…
Trump’s options to deflate Μarket Βubbles November 21, 2024 As future Secretary of Health and Human Services Robert Kennedy Jr. said, “a revolution is coming,” in reference to Trump’s election in the recent…
The new era of tariffs and the return of economic nationalism November 8, 2024 One of the most surprising developments in the recent American political debate has been the bipartisan consensus against free trade. Just a decade ago,…
All roads lead to inflation – USA & EU on Japan’s path October 31, 2024 The recent 50 basis point rise in long-term bond yields began the day after the Fed cut interest rates by 50 basis points (base…
AAA rated bonds defaulted!!!!!!!! October 31, 2024 Bondholders who bought the debt of US commercial real estate companies have suffered double-digit losses in the most prominent example of a reported “bubble”…