THERE HAS, for several years, been a recurring nightmare that has disturbed the financial markets. It is that, for some reason or other, Japan would stop financing the US current account deficit (and by the same token, the fiscal deficit) and repatriate its funds.McRae, Hamish...
HELOC vs. reverse mortgage: What experts say seniors should consider now Why home equity loan and HELOC interest rates are different, according to experts GOP bill could add trillions to the U.S. deficit, some experts say What is the gold-silver ratio?In: Economy Aimee...
Recessions happen—that’s just the price of doing business in a capitalist system. The ability to predict when one will happen would obviously confer a lot of benefits to societies, businesses, and individuals. But foretelling the future is always a risky and uncertain proposition. As the old...
S. in uncharted waters. During past showdowns, some Republicans have suggested directing the Treasury to prioritize what payments are made should the U.S. reach the point of not being able to pay the bills, and according to theWashington Post, such a proposal is under discussion right now....
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The dollar is weaker and the 10-year Interest rates are now lower than last week when the Federal Reserve raised the federal funds rate. How do you explain this phenomenon? Why is the US dollar still strong, relative to other currencies, despite the budget de...
The meeting also signaled a rare increase in its deficit-to-GDP ratios, through fiscal expenditures and issuance of ultra-long special treasury bonds and local government special-purpose bonds.The policy stance is aligned with signals from a tone-setting meeting on Monday of the Political Bureau ...
Trump didn't stop trying to bend Republicans to his will then. He's certainly not going to do so now. He is cranking up the pressure on his own party over his Cabinet picks, pushing reluctant Republican senators to get on board with some of his most contro...
A softer Dollar is likely to help President Trump’s efforts to cut the US’ large trade deficit. In theory, a more moderately valued US Dollar would help rebalance the country’s trade balance by making imports more expensive and exports more competitive. The internationally orchestrated devaluati...
But now that there is the official winner, much of this work moves into the open. With less than 11 weeks until Inauguration Day, here’s what happens next: — Every four to eight years, the agency primarily tasked with managing the government’s vast real estate holdings becomes a hub ...