JPMorgan: We Believe The Dollar Could Lose Its Status As World’s Reserve Currency
Zero Hedge | The U.S. dollar could become vulnerable to a loss of value relative to a more diversified basket of currencies, including gold.
Tag: Money Watch
Possible Budget Deal Will Add $2 Trillion To The National Debt
Mac Slavo | About the only thing all people in government an agree on is that they need to spend more money and go further into debt.
Senate Passes 9/11 Compensation Bill
Daily Caller | The Senate passed legislation Tuesday to reauthorize a fund that gives compensation to victims and first responders of 9/11, after prior delays.
Elizabeth Warren Is Warning That An “Economic Crash” Is Coming
Michael Snyder | Sadly, our leaders are a reflection of who we are as a nation, and at this moment a big chunk of the population wants Elizabeth Warren.
Dem Rep. Tlaib: We’re Going To Take Money From The Rich And ‘Give It Back to the People, Those Who Earned It’
Weasel Zippers | Viva la socialism!
The US will likely win in a ‘cold currency war,’ says Pimco
CNBC | The U.S. will likely emerge the winner in a “cold currency war” that’s heating up, according to Joachim Fels, global economic advisor at Pimco.
Bernie Sanders Gets Busted Not Paying Staff $15/Hr, Now His Reaction Shows The Failure Of His Policies
Weasel Zippers | What a great example of why his polices are such failure:
Investor Who Called The 1987 Market Crash Has Bailed On Stocks & Bonds
Mac Slavo | All this comes on the heels of the news that the Federal Reserve has turned more dovish.
As Wall Street Celebrates Rising Stock Prices, Companies Are Literally Shutting Down All Over America
Michael Sndyer | How long can the stock market possibly stay completely disconnected from economic reality?
New US House Bill Would Ban Big Tech From ‘Banking’, Fine Facebook’s Libra $1 Million Per Day
Zero Hedge | The bill’s provenance is unconfirmed, but crypto news site The Block quotes an inside source as saying it is with the Financial Services Committee.
Bitcoin plunges, briefly falling below $10,000, as Trump slams crypto
CNBC | Bitcoin fell sharply on Monday, following President Donald Trump’s criticism of cryptocurrencies.
China posts its lowest quarterly growth in 27 years as the trade war drags on
CNBC | China released second-quarter figures on Monday showing that its economy slowed to 6.2% — the weakest rate in at least 27 years, as the country’s trade war with the U.S. took its toll.
How Trump could use tariffs to fight back against France’s tax on US technology giants
CNBC | President Donald Trump could fight back against France’s new tax on U.S. technology companies by unleashing biting tariffs on key French goods, according to trade experts.
Epstein’s Elite Wall Street Ties Revealed In Filing
Zero Hedge | Jeffrey Epstein’s wealth has long been a topic of discussion since becoming known as a ‘billionaire pedophile’ and other similar monickers.
Trump Slams Cryptos, Libra; Praises Dollar As World’s “Most Dominant Currency”
Zero Hedge | A day full of paradoxes just added one more.