why fears of a weaker yen precipitating a second Asian Financial Crisis are unwarrantedAyoti Mittra
All else being equal a weaker currency should cause inflation pressure, as foreign goods are now more expensive for local consumers/companies to purchase. Indeed, in its simplest terms, inflation is the decline in value of a currency. The flip side of prices generally rising is that your ...
We do not bet against our propensity to shop. It’s not just the mighty US consumer. Investment in the US is positive; housing investment, corporate capex is strong. The manufacturing sector, which was kind of the loser or the class dunce of the US economy during Covid, is taking off ...
It would also appear that a weaker dollar is the preferred outcome of this new government, with Trump having expressed on numerous occasions that he is actually infavourof such an outcome. The US president stated earlier in the year that while a strong dollar “sounds good”, his actual view...
"It is absolutely correct that if conditions improve to the extent that the emerging markets become more attractive, we will get money coming out of the U.S. and into economies like Brazil and Mexico. And that will probably lead to a slightly weaker dollar," said Shamu. Shamu said an imp...
Explain briefly why the interest rates of U.S. government bonds (securities) has decreased even after the global financial crisis of 2007-09 Explain why is the dollar's rise so problematic for many countries. Why do some places have stronger or weak...
the end of the year. in addition to fund flows, a weaker u.s. dollar shall be favorable to the emerging markets, including asean. our positive view is reflected in an overweight rating. the regional earnings-per-share growth is expected to rebound by 25% in 2021, with ...
But even if you agree that significant deflation can be a problem, we’re not seeing deflation in the U.S. at the moment. We had 1% inflation, not deflation, over the last year. What’s the harm in that? One danger of low inflation is that, if it turns into deflation, the chain...
Spend any time on “crypto Twitter” or Reddit, and you’ll quickly run into the term “toxic Bitcoin maximalist.” This term refers to anyone who feels that Bitcoin is the only worthwhile cryptocurrency and that all others are scams—not “altcoins” but “sh*tcoins.” I didn’t understan...
isation before World War Two was window-dressing. There was a Japanese parliament, but it never fought the Emperor’s government in the way that all European parliaments had fought their monarchs on occasion. It was never really in command, and quietly let itself be shunted aside in the ...