#economy #dollar #growth $DIA $SPY $QQQ $RUTX $VXX $USD “The concepts of free enterprise, rugged individualism and entrepreneurship are not incompatible with safety nets and/or the lift up slackers and the disadvantaged among us, that is for government welfare and philanthropic charities” — Paul Ebeling In Asia Thursday, the USD is near 2-wk + lows […]
$XAU $GLD Gold has been valued as a currency, commodity and investment for thousands of years, and is popular among today’s investors because it can be used as a hedge against currency devaluation, inflation, or deflation, and due to its ability to provide a “safe haven” during times of economic uncertainty. The gold market is highly liquid and there […]
At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent. The outlook for the global economy remains reasonable. However, the increased uncertainty generated by the trade and technology disputes is affecting investment and means that the risks to the global economy remain tilted to the downside. In most advanced economies, […]
$USD, $EUR, $JPY, $CNY International Monetary Fund (IMF) said Wednesday the USD is overvalued by 6% to 12%, based on near-term economic fundamentals, while the EUR, the JPY, and China’s RMB Yuan were seen as broadly in line with fundamentals. The IMF has been at odds with President Trump over his use of tariffs to […]