The currency wars that the world's major economic powers are engaged in are not being fought with the same tactics as previous currency wars. There are no tariffs or duties being slapped on foreign produced goods, and you will hear no official policy of currency devaluation from government officials. But don't let that fool you.
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What We’re Reading:
Tax Reform Should Go Right Down Main Street (The Wall Street Journal)
What happens if the ECB pulls...
Low prices for fuel and an increase in the number of employed Americans has pumped up consumers. The University of Michigan Consumer Sentiment survey...