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January 14, 2023
Financial markets offered few opportunities for refuge in 2022, and emerging-market bonds were no exception.
January 11, 2023
According to the latest Global Economic Prospects report, global growth will slow from 2.9 percent in 2022 to 1.7 percent in 2023. The outlook has several downside risks, including the possibility of higher inflation, tighter monetary policy, financial stress, and rising tensions
January 9, 2023
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
January 6, 2023
In this post, I am giving a highly condensed version of what I described in my book Principles for Navigating Big Debt Crises, which is an extension of the study
December 23, 2022
The Bitcoin price could see a significant uptick today Friday, December 23 at 8:30 am (EST) if the Core Personal Consumption Expenditures Price Index (PCE)
December 19, 2022
Inflation needs to "explode" this month to meet the Fed's projections, which is why their estimates "make no sense," according to Fundstrat's Tom Lee.
November 25, 2022
2022 has been a difficult year for investors. If the year ended today, 2022 would be the first year that US stocks and long-term bonds are both down more than 10% in the last 150 years - and both markets are down much more than 10%. Figure 1: Underperformance...
November 25, 2022
On April 4, the Bureau of Labor Statistics released the March employment report. American businesses shed 80,000 jobs in March and 232,000 jobs in the first quarter of 2008. The unemployment rate climbed above 5 percent for the first time since 2005. This is further evidence that the American economy ground to a halt in the first quarter of 2008. March Employment Report
November 16, 2022
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
November 10, 2022
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.