Cleveland Federal Reserve President Loretta Mester said on Saturday she sees “big downside risk” from rising trade uncertainty, and will be watching how businesses and consumers react ahead of the U.S. central bank’s next policy meeting.
Today’s lesson in surviving a sell-off comes from William Shakespeare.
In The Winter’s Tale, Shakespeare tells a story of paranoia, death and rebirth. One legendary scene features the character Antigonus as he’s stalked offstage to his doom by a bear.
The bear caught Antigonus by surprise – and that’s the last thing we want to happen, especially as investors.
However, those who balance their portfolios with reliable income generators may be able to prevent the bear from taking a bite out of their savings.
To Bond or Not to Bond?
This week, we asked Wealthy Retirement readers why they invest in bonds. Forty-three percent of …read more […]
Bitcoin is often described as “digital gold.” That’s for good reason – the assets have a lot in common. As Adam Sharp wrote last year…
Both have the rare qualities that make a good speculative “store of value” asset.
Both are used as hedges against reckless monetary policy. They are assets that will likely rise in value if the old system becomes overloaded with debt (U.S. debt is at $21 trillion and counting) and is forced to “monetize” (print away) the debt…
Importantly, both assets can also be held by individuals. Stocks and bonds typically require a broker or bank to hold custody. …read more […]
British Prime Minister Boris Johnson said he would be telling President Donald Trump at this weekend’s G7 summit to pull back from a trade war which is already destabilising economic growth around the world.
China said on Saturday it strongly opposes Washington’s decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences if it does not end its “wrong actions”.
China will impose an extra 5% tariff on imports of copper scrap and aluminum scrap from the United States from Dec. 15, according to a list of retaliatory tariffs published by the Ministry of Finance late on Friday.
The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday.
The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles.
The United States and Japan have made “big progress” in bilateral trade talks and shared the understanding of the directionality of the trade talks, Japanese Economy Minister Toshimitsu Motegi said on Friday.
The United States and Japan have reached the broad framework of a trade agreement, with Washington maintaining tariffs on Japanese autos but Tokyo cutting tariffs on U.S. beef and pork, Japan’s Nikkei business daily said on Saturday.
More investors are watching the shares of discount retailers like Dollar General Corp and Dollar Tree Inc , which perform better during economic downturns, in the hopes of gauging changes in consumer behavior, though higher tariffs may erode the companies’ ability to act as economic bellwethers.
Hours after China announced retaliatory tariffs on U.S. goods on Friday, President Donald Trump ordered U.S. companies to “start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.”.
The world’s two largest economies, China and the United States, on Friday exchanged blows in the latest escalation in their trade war that has roiled supply chains and whipsawed financial markets.
U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods in the latest tit-for-tat trade war escalation by the world’s two largest economies.
Hopes for settlement of the yearlong U.S.-China trade war dimmed further on Friday as China said it will slap retaliatory tariffs on about $75 billion worth of U.S. goods, the latest escalation in the dispute between the world’s two largest economies.
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