A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next

A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next

Low-income countries, like Ghana and Pakistan, were already struggling during the pandemic. The dollar’s strength...

In Huge Contrast to ISM, S&P Services PMI Has Second-Worst Quarter Since 2009

US service providers signalled a much slower contraction in business activity during September, according to...

Mortgage Application Pace Plunges To 25-Year Low As Housing Recession Deepens

The pace of mortgage applications has fallen to a multi-decade low amid high housing interest...

$4,408,452,000,000: Federal Tax Collections Set Record Through August

The federal government collected a record $4,408,452,000,000 in total taxes in the first eleven months...

U.S. Aims to Turn Taiwan Into Giant Weapons Depot

American officials are intensifying efforts to build a giant stockpile of weapons in Taiwan after...

A Central Bank Reckoning

“Even the best set of rules and the tightest, most targeted, narrowly circumscribed mandate won’t...

Taiwan Will Treat China Flights Into Airspace as 'First Strike'

TAIPEI, Taiwan (AP) — Taiwan’s defense minister on Wednesday said the island will respond to...

Don't Count On More QE Stimulus, The Fed Is Likely Retiring It | Pedro da Costa

We’ve frequently commented on this program that it’s hard to be an ‘investor’ over recent...

The End of the Petrodollar?

The “Oil for dollars” deal between OPEC and the US has been in place since...

Russia and Saudi Arabia Deepen Ties

Prince Mohammed’s decision to strengthen relations has alarmed allies, but he has long admired Russian...

Central Banks Are Stocking Up On Gold

Central banks globally added to their net gold holdings for the fifth consecutive month in...

Services Surveys Signal Q3 Recession Imminent Amid "Tightening Financial Conditions"

Despite bouncing from August’s plunge, S&P Global’s Services PMI printed below 50 (in contraction) for...

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