FRAGMENTATION: World Currency Order Precarious After Biden’s Russia Sanctions
The implementation of crippling sanctions on Russia's central bank may encourage other countries to diversify away from the dollar, lest they fall victim to...
Stock Splits: Addition through Division?
"The perception is sort of the driving factor." It's a "psychological boost." These words spoken by directors at wealth funds refer to stock splits....
Are Inversion Fears Overblown? FT’s Lex Says Yes
Portions of the Treasury yield curve have inverted, but the FT's Lex service downplays the risk of the current yield picture. They write:
Wall Street...
Bank of Japan’s Unlimited Bond Buying Sends Yen Tumbling
When a central bank offers to buy an unlimited number of its government's bonds, is it any surprise when its currency falls hard on...
Buying a Car? Don’t Expect a Discount
Negotiating with car dealers is hard enough, after two years of shortages, it's even worse, especially for shoppers looking for less expensive models. David...