Governments “deliberately pushing the world economy down”

mervyn king says what central bankers must do

Former Bank of England Governor, Mervyn King, believes what happens next will depend on people’s behavior. The ongoing Covid-19 crisis has brought forth uncertain, volatile times. The Dow soared more than 10% – its biggest single-day gain since 1933. For a market that is falling faster than it did during the 1929 crash, it was […]

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The One Asset Trump is Crushing

Everything seems to be going up but the U.S. dollar (with the exception of Friday’s trading). The Dow Jones cleared 22,000, and other US indices broke to new all-time highs this past week. Copper hit fresh 2-year highs, and gold exploded to $1,273.60 an ounce Wednesday. These price movements are because of a falling U.S. […]

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