by Andrew Moran | Mar 1, 2020 | Articles, Economic Affairs News, International, Social Issues, The Left
Global financial markets are pleading with central banks to toss them a lifeline after this week’s devastating tsunami that wiped away $6 trillion. As the coronavirus worsens at an international level, investors fear the virus will significantly affect global supply...
by Andrew Moran | Feb 9, 2020 | Articles, Economic Affairs News, International, International
The People’s Bank of China (PBoC) is instituting 30 stimulus measures to contain economic fallout from the Wuhan coronavirus that has killed more than 800 people worldwide and infected 24,000 others. It is widely anticipated that the outbreak is going to hurt the...
by Andrew Moran | Nov 25, 2019 | Articles, Business News, Economic Affairs News
The U.S. dollar has been as good as gold for the last 70 years, enjoying its hegemony as the international reserve currency. Despite the Federal Reserve destroying the greenback’s value over the last 100 years, foreign governments, central banks, and global financial...
by Andrew Moran | Nov 6, 2019 | Articles, Business News, Economic Affairs News, International, Politics
In the last decade, the European Central Bank (ECB) has introduced subzero interest rates, printed hundreds of billions of euros, and destroyed the currency. What does the ECB have to show for it? An anemic regional economy, countries on the brink of disaster, and...
by Andrew Moran | Oct 9, 2019 | Articles, Economic Affairs News, Politics
What a time to be alive as a trader – professional or passive – in this market and economy. A yield curve inversion without a recession, trillions in negative-yielding bonds, trade wars, and triple-digit losses one day and triple-digit gains the next. Indeed, you can...