Economy

The Uncertain Direction of Monetary Policy: Jerome H. Powell, the current Chairman of the Federal Reserve, is facing significant challenges in determining the future direction of monetary policy. Interest Rates The Federal Open Market Committee (FOMC) raised the federal funds rate four times in 2018, but Trump’s administration and some investors have expressed concerns about…

Trump’s Economic Policies: A Double-Edged Sword for the US Dollar and Emerging Markets Since his inauguration in 2017, President Donald Trump‘s economic policies have significantly impacted the US dollar and emerging markets. The Republican tax bill, which was passed in December 2017, led to a massive repatriation of corporate profits from overseas, resulting in a…

Peter Schiff , a well-known economist and gold bug , has been a vocal critic of Bitcoin . In his opinion, the digital currency represents the biggest misallocation of human resources and capital in history . Schiff argues that the time, energy, and resources devoted to creating, mining, securing, and utilizing Bitcoin could have been…

China’s Economic Counterstrokes: Preparing for Trump’s Tariffs Background The ongoing trade tensions between the world’s two largest economies, the United States and China, have escalated since June 2018 when the U.S. imposed tariffs on Chinese imports worth $34 billion. In response, China retaliated with tariffs on the same value of American goods. This marked the…

Goldman Sachs Warns: Trump’s Tariffs to Inflict Economic Damage Beyond China: An In-Depth Analysis Goldman Sachs, one of the world’s leading global investment banks, has issued a stark warning that President Trump’s‘ tariff war Is Not Limited to China The bank’s economists have forecasted that the ongoing trade dispute between the U.S. and China could…

U.S. Treasury Yields Take a Dip: Implications for Inflation and Consumer Price Index (CPI) U.S. Treasury yields experienced a notable decline in recent weeks, raising concerns about the potential impact on inflation and the Consumer Price Index (CPI). The 10-year Treasury yield dropped to below 3.2% as of March 2023, down from a high of…

Cathie Wood: The Economic Visionary Who Turbocharged the U.S. Economy under Trump Cathie Dwight Wood, an innovative investor and a visionary economist , played a pivotal role in the economic resurgence of the United States during the Trump Administration. With her relentless drive and unwavering belief in the potential of disruptive technologies, she steered Ark…

Putin’s Surprising Revelation: Russia Didn’t Abandon the US Dollar, We Were Kicked Out In a surprising turn of events at the recent St. Petersburg International Economic Forum, Russian President Vladimir Putin revealed that Russia did not abandon the US dollar as widely believed, but was in fact kicked out of the greenback system by Western…

Wall Street’s Blind Optimism: Forgetting the Hard Lessons from Trump’s Past Despite President Donald J. Trump‘s controversial tenure, Wall Street seems to have selectively forgotten some of the hard lessons from his past dealings with the financial industry. Trump’s business history is riddled with bankruptcies, controversies, and questionable business practices. Yet, as he prepares to…

Policymakers’ Plea: Respecting the Fed’s Independence As Mr. President, your role in shaping the nation’s economic policies is undeniable. However, there exists an institution that plays a critical function in maintaining price stability and fostering monetary policy independent from the political whims: The Federal Reserve (The Fed). It is crucial that you respect the independence…

Peter Schiff, an renowned economist and president of EuroPacific Capital , has been a vocal critic of the current economic policies implemented under the Trump administration. While some argue that the U.S. economy is experiencing an unprecedented boom , Schiff maintains that it is only a temporary phenomenon . He believes that the tax cuts…

The Fading Allure of Trump Trades: A Post-Election Analysis of the US Dollar The post-election period has brought a significant shift in the financial markets, especially for those following the infamous “Trump Trades.” Throughout his presidency, Donald Trump’s unconventional policies and controversial rhetoric have left an indelible mark on the US dollar and other global…

Trump Taps Robert Lighthizer to Lead US Trade Policy: A New Era in International Economics On January 23, 2017, President Donald Trump named Robert Lighthizer as the new United States Trade Representative (USTR), marking a significant shift in US trade policy. Lighthizer, a seasoned attorney and trade negotiator, previously served as Deputy USTR from 1983…

China’s Historic $1.4 Trillion Fiscal Stimulus: An In-depth Analysis of Local Government Debt Swaps China’s $1.4 trillion fiscal stimulus package, announced in early February 2023, is the country’s most substantial effort to combat the economic downturn caused by the COVID-19 pandemic. This stimulus, equivalent to about 10% of China’s Gross Domestic Product (GDP), represents a…

Trump’s Economic Inner Circle: The Key Players Shaping His Policy Agenda Steve Mnuchin: As the 15th and current U.S. Secretary of the Treasury, Steve Mnuchin plays a crucial role in formulating and executing economic policies under the Trump administration. Prior to his appointment, Mnuchin co-founded Dune Capital Management, a hedge fund that managed over $40…

Jerome Powell Stands Firm: A Battle of Economic Principles Against Political Interference Federal Reserve Chairman Jerome Powell, a well-respected figure in the world of finance, finds himself at a critical juncture in his tenure. As the economic landscape continues to evolve, Powell must navigate the challenging waters of balancing monetary policy with increasing political pressures….

Three Economic Landmines Donald Trump Should Avoid in His Second Term: Lessons from Past Mistakes As Donald J. Trump embarks on his second term as the President of the United States, it is essential that he learns from past economic mistakes to ensure a prosperous and stable economy. Here are three potential economic landmines Trump…

The Global Economic Shift: The international economic landscape is undergoing a significant transformation, with de-dollarization gaining momentum as countries look for alternatives to the U.S. dollar. This trend was further accelerated by Russia ‘s decision to reduce its reliance on the U.S. currency during Trump’s second term. In response to the escalating tensions between Moscow…

Wall Street’s Election Bets: A High-Stakes Gamble in Uncertain Times Every four years, the financial world turns its attention to the Presidential Elections. Wall Street sees this event as a potential game-changer for the economy, with various sectors and stocks rising or falling depending on who gets elected. Investors and analysts spend months poring over…

Bitflyer CEO Yuzo Kano’s Warning: Inflation May Never Stop – A Critique of Modern Monetary Theory Background In recent years, the financial world has been abuzz with the concept of Modern Monetary Theory (MMT). Proponents of this theory argue that a country that issues its own currency has no limit to its ability to fund…