by | Apr 6, 2023 | Uncategorized
On March 29, China and Brazil agreed to ditch the dollar and settle their bilateral transactions in their local currencies — reals and yuan. This historic agreement is one of the latest developments in a rising global trend toward de-dollarization lead by a coalition...
by | Mar 31, 2023 | Uncategorized
When over 9,000 banks failed during the Great Depression, panicked depositors descended on the banks and waited in line for hours… hoping for a chance to demand their money. This fearful image is burned into our collective memories. And we still expect to see...
by | Mar 22, 2023 | Uncategorized
At this point, you’ve likely seen news of the Silicon Valley Bank failure and its multi-billion-dollar bond market losses. And you may have seen how these losses have also affected startup companies with deposits with SVB above $250,000. The bank was forced into...
by | Mar 17, 2023 | Uncategorized
Last Friday, $200 billion Silicon Valley Bank collapsed and became the second-biggest bank failure in US history. News of the bank’s insolvency spread like wildfire. And many smaller banks felt the pressure as worried customers pulled their deposits and moved their...
by | Mar 9, 2023 | Uncategorized
After socking away 401(k) funds for years… Many Americans hope they’ve saved enough to spend their golden years relaxing, traveling and enjoying time with family and friends. But with multiple economic challenges sweeping the nation — starting in 2020 with the...
by | Mar 3, 2023 | Uncategorized
With ultimate respect to technical chart analysis, watching any asset’s daily price fluctuations won’t give us a clear picture of where it may go. However, when you zoom out and look at the wider picture, you can get a better view of what the asset may do next. ...