The USD reserve currency status continues to slide, hitting a thirty-year low, despite USD rising sharply against a basket of other currencies. Dollar Index DXY, a measure of the value of the dollar relative to a basket of foreign currencies, is moving near a 52-week high, at 109.1, at the time of writing. But the …
Headlines in 2025
With the year 2024 in the rear mirror, it is timely to do some crystal ball gazing to predict the headlines in 2025. Benign liquidity conditions likely…
Currency Debasement
Currency debasement and debt restructuring are now what the world’s largest bond investor, dubbed the bond King billionaire Jeffrey Gundlach, sees coming. The worst-ever Post-2023 Treasury Bond Crash was triggered by the Great Bond Sell-off 2023. In a few months, it sent treasury yields shooting 100 basis points higher. The 2023 bond market crash was …
Digital Wallets
Digital Wallets are already changing the way the smartphone generation is making payments. As Darren Winters points out, cash payments for goods and services for those growing up in the digital age seem as ancient as bartering. Digital wallets are likely the future of making payments Fintech revolution, the combination of the words financial and …