The US dollar has remained strong in May and June, while volatility indexes, especially the equities VIX, remain elevated.Most central banks are on a tightening course, attempting to control inflation by raising
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June 17, 2022Time Bomb On National Debt Is Counting Down Faster Thanks To Fed’s Rate Hike, Tim Brown /We are now staring down the barrel of the end of the U.S. economy based on fiat money, printed out of thin air but charged back to the people at ridiculous interest rates. Now, ...
The clarification from the Income Tax comes at a time when earlier in the day some media reports mentioned that the TDS rate for virtual digital assets has been dropped to 0.1% from 1% as announced earlier in the budget. The 1% TDS will be applicable from July 1. It is hereby clarified...
EM growth will be held back in 2023 by tightening DM monetary policy, very mild recessions in the US and Europe, and a faltering recovery in Mainland China. These headwinds will
Left-leaning climate scientist Claudia Sheinbaum won the presidential election, according to the electoral institute's rapid count estimate published late Sunday night. US Dollar/Mexican Peso FX Spot Rate, 1-day The currency has weakened around 3.5% against the dollar since the start of the year...
Dollar reaches highest level against yen since April The dollar rose to 158.49 against the Japanese yen on Thursday, its strongest level since April 29, when it traded as high as 160.03 against the yen. The dollar strengthened Tuesday against the offshore Chinese yuan to 7.2879. This was its...
In lockstep with the Fed, the Hong Kong Monetary Authority held interest rates at 5.5%, marking the first pause in the hiking cycle since March 2022. In May, the unemployment rate was unchanged despite improving economic growth and labor shortages in some industries. Exports fell for a ...
With luck, and skill, he identifies 30-40 “quality businesses where bad things have happened” that are actively changing their fate and that sell for $.70 on the dollar (“I want to buy a dollar for $.70 so long as it’s soon going to be worth more than a dollar”). ...