Meltdown 101: Why is the dollar weakening?MADLEN READ
Aweakening dollar in itself makes foreign goods and services more expensive for American consumers and businesses, and should the dollar lose the reserve currency status, it would make our transactions more expensive as well — costs that businesses would pass on to US consumers. Why is the U.S...
Dollar Debasement: The Catalyst for Change? A key driver of Costa's bullish outlook on gold is his conviction that the U.S. dollar is significantly overvalued. "The dollar is now at probably at its most overvalue levels in history versus other currencies," he asserted. He believes that the...
However, there is no indication that the US dollar’s role as the world’s reserve currency is weakening, nor is there reduced demand for US Treasurys. As a result, the recent decline in the DXY Index does not directly correlate with Bitcoin’s appeal. Over time, as user @21_XB...
Pain Trade #2: Why Apple Is No Longer a Buffett Favorite That’s right. Warren Buffett cut as much as 50% of his stake in Apple stock during the past quarter. While he quoted the sale as being driven by tax efficiency purposes, a deeper reason could be related to the weakeningconsumer...
So, if I come to you and I say, “Look, I want to use some of this dollar cost averaging, I want to get rich quickly, and the market is maybe coming off its peak”. Can you get me rich quick in a downturn? John Bailey
Normally, when there's a global recession, Singapore's nominal effective exchange rate tends to drop from the top to the bottom of the [policy] band, potentially weakening the Singapore dollar to the 145 level against the dollar, the currency economist said. ...
The Treasury has flagged the risk of further weakening of the Kenya shilling, dollar shortages and increased debt.
“At the same time, our debt service has also been increasing and is much higher than our neighbours. The combination of all these factors has led to the weakening of the shilling.” The CBK governor spoke in a briefing on the Monetary Policy Committee December meeting, in which the regu...
Pain Trade #2: Why Apple Is No Longer a Buffett Favorite That’s right. Warren Buffett cut as much as 50% of his stake in Apple stock during the past quarter. While he quoted the sale as being driven by tax efficiency purposes, a deeper reason could be related to the weakeningco...