When governments borrow on international markets, they do so overwhelmingly in US dollars. Roughly two-thirds of international debt issuance is denominated in foreign currencies, of which...
Having adopted one major piece of digital-currency legislation (the GENIUS Act) and with more pending (the CLARITY Act has passed the House of Representatives), the...
Most headlines recently have mentioned the US dollar collapse. However, the DXY Index, which considers the US dollar mostly against the euro and the yen,...
In 2020, the FMI recommended global economies spend and borrow and face the consequences later. The pretend-and-extend Keynesian response to the pandemic left persistent inflation...
Despite the escalating geopolitical risks and Iran's attack on Israel, there has been minimal market reaction. The S&P 500 rose 1.8% in the week of...
Breaking
