Will America Issue a Central Bank Digital Currency?
Reactions to CBDC range from indifference to alarm
Reactions to CBDC range from indifference to alarm
The U.S. dollar remains the world’s top reserve currency. As a result of that status, changes in the value of the dollar can reverberate to other parts of the global financial markets.
The “dollar smile” theory asserts that the greenback can strengthen in both good times and bad, making it a somewhat unique asset in the global markets
Gold prices have staged an impressive run since the middle of March. Could more gains lie ahead?
Prior to 2020, the United States and China were embroiled in a trade war that made relations between the world’s two largest economies thorny, at best. Developments in the current calendar year, mainly as a result of the spread of COVID-19 out of China, have added a new layer of complexity to a relationship that … Continued
The story of the British Pound during the last couple years is a great reminder of how obsessing over one specific anxiety in life can be a huge waste of time, and counterproductive – especially because new problems can pop up at any time which can render that old problem merely an afterthought. Case in … Continued
On the first day of August 2019, President Donald Trump announced via twitter that his ongoing frustration with the slow pace of trade negotiations with the Chinese had forced him to consider raising tariffs against the world’s second-largest economy, yet again. Set to take effect on Sept. 1, the latest round of tariffs would encompass … Continued
While rainy weather can be a constant in London, residents of the broader United Kingdom are likely feeling more weathered than usual due to the constant onslaught of uncertainty brought on by “Brexit.” Brexit has been pressuring the good life in the UK for three-plus years now (most recently with the ouster of Prime Minister … Continued