US Can Avoid Debt Default, Dollar Stays Global Reserve Currency
According to a report by Caixin, the U.S. government is facing a debt ceiling crisis, which could lead to a debt default and a shock to global financial markets if an agreement is not reached in time. As investors, how should we respond to this situation? Monitoring the Negotiations: Assessing Progress and Compromise Potential First, […]
63% can’t handle $400 emergency; Inflation hurts wallets.
‘Turbulence ahead’: Nearly 4 in 10 Americans lack enough money to cover a $400 emergency expense, Fed survey show. Based on the content of the above article, we can come up with the following trading recommendations: Given the current high inflation in the United States, where the Fed is responding by raising interest rates and […]