Monthly Archives: June, 2023
Lira Sits at Record Lows as Central Bank Gives Up Support
Turkey's central bank has given up trying to support the lira as it has fallen to its lowest levels ever against the dollar. Reuters...
Home Prices Fall for the First Time in at Least Six Years
It's been six years since home prices fell on an annual basis, maybe even longer. Since Realtor.com began keeping records in 2017, its index...
CBO Projects Terrifying, Debt-Laden Future for America
In a recent report, the Congressional Budget Office has projected heavy debt equal to 181% of GDP for America by 2053. The AP's Fatima...
China Props Up Ailing Yuan
Worried about its currency's weakness, The People's Bank of China has propped up the yuan even more than expected. Bloomberg News reports:
China stepped in...
Everyone’s A Long-Term Investor Until They Lose Money
You know, there’s a lot of living inside these charts. It’s easy to forget how much goes on in your life in a week,...