What recent small cap rally says about risk
The money flow into small caps may not be a rotation from winning growth trades. Dave Nadig, ETF journalist and financial futurist, sees investors “just buying, buying, buying.” “What we’re …
U.S. dollar
Why the Fed cutting interest rates may weaken the U.S. dollar
SeongJoon Cho/Bloomberg via Getty Images The U.S. Federal Reserve may start cutting interest rates before year’s end. That could make future trips abroad more expensive for the nation’s travelers. That’s …
Argentina must dollarize and abolish the central bank, economist says
A man wearing a Diego Maradona t-shirt walks by the Argentine Central Bank on November 30, 2023 in Buenos Aires, Argentina. Tomas Cuesta | Getty Images News | Getty Images …
Big Short’s Steve Eisman worries investors are too bullish in 2024
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding …
Why Fed rate hikes take so long to affect the economy
The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023. The Fed’s leaders expect their interest rate decisions to …
India oil minister Hardeep Singh Puri
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of “de-dollarization” — or moving away from the U.S. dollar to settle …
China’s PBOC intervenes after yuan hits 16-year high against greenback
Photo taken on Aug 17, 2023 shows US dollars and Chinese yuan in Fuyang city, East China’s Anhui province. Nurphoto | Nurphoto | Getty Images The People’s Bank of China …