Any move to dollarize Argentina could see the nation get stuck in an Ecuador-like economic morass, one economist said. “Some in Argentina romanticize Ecuador’s dollarization. Reality is different,” Robin Brooks said in a post on X. The South American nation has seen calls for it to adopt the dollar as its currency to tackle problems… Continue reading Argentina should avoid dollarization as it can trap the country in Ecuador-like economic morass, one economist says
The greenback is ‘losing some influence’ in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD’s strength and oil prices has weakened, per the bank’s research. This is because more oil is now being transacted in non-dollar currencies. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized… Continue reading The greenback is ‘losing some influence’ in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
Berkshire Hathaway stock could crash 99% and Warren Buffett would still have trounced the S&P 500
If Berkshire Hathaway stock tanked 99%, Buffett would still have outperformed the S&P 500. Berkshire stock soared 3,800,000% between 1965 and 2022, trouncing the S&P 500’s 25,000% gain. Buffett’s company surpassed $1 trillion of assets last quarter, and its stock is at record highs. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Berkshire Hathaway stock could crash 99% and Warren Buffett would still have trounced the S&P 500
Falling Prices in China Could Be a Boon For the U.S.: Kiplinger Economic Forecasts
To help you understand what is going on in the world economy and what we expect to happen in the future, our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news first by… Continue reading Falling Prices in China Could Be a Boon For the U.S.: Kiplinger Economic Forecasts
Invest Like the Rich: Are Direct Investments Right for You?
The wealthy have access to investments unavailable to the rest of us. But at least one type — direct investments — is now within reach. Direct investments enable investors to take stakes in non-public companies whose shares don’t trade on a stock exchange. A company — say, a brewery or a software developer — will… Continue reading Invest Like the Rich: Are Direct Investments Right for You?
How Stock Spinoffs Work — And How They’ve Performed
Anyone who has watched Better Call Saul or Frasier is familiar with the spinoff concept, in which characters from an existing series branch off in a new show with a different story line. It works sort of the same way in corporate America with stock spinoffs, when firms split off a part of their business… Continue reading How Stock Spinoffs Work — And How They’ve Performed
SEC’s Gary Gensler is waging war against crypto. Here’s a look at how his views on the industry have evolved over the years
The SEC has waged war against the cryptocurrency industry this year with a string of lawsuits. At the heart of it is SEC chief Gary Gensler – who has railed against crypto since taking office. Amid his regulatory battle against crypto, Insider maps the evolution of his views on the sector. Loading Something is loading.… Continue reading SEC’s Gary Gensler is waging war against crypto. Here’s a look at how his views on the industry have evolved over the years
The housing market is stuck: Americans can’t afford homes, investors aren’t buying property, and economists see little relief ahead
Low inventory, high mortgage rates, and high prices have created a difficult housing market. Homeowners have seen equity climb, but house hunters are having a hard time breaking into the market. Purchases by real estate investors plunged 45% in the second quarter compared to last year. Loading Something is loading. Thanks for signing up! Access… Continue reading The housing market is stuck: Americans can’t afford homes, investors aren’t buying property, and economists see little relief ahead
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