Posts tagged 'Warning Signs'

Fed Chairman Powell Commits to Ongoing Interest Rate Hikes

Fed Chairman Powell Commits to Ongoing Interest Rate Hikes

December 2, 2022
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Fed Chairman Jerome Powell spoke on Fiscal and Monetary Policy about the economic outlook, inflation, and the labor market.
Congress to Intervene in Railroad Strike Negotiations

Congress to Intervene in Railroad Strike Negotiations

December 1, 2022
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President Biden released a statement calling on Congress to immediately pass legislation to adopt the Tentative Agreement between workers and operators.
Ghana Negotiates to Barter Oil for Gold

Ghana Negotiates to Barter Oil for Gold

November 28, 2022
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The West African nation Ghana has reached a tentative gold-for-oil barter agreement with Emirates National Oil Co.
China Conducted World’s Largest Cross-Border CBDC Test

China Conducted World’s Largest Cross-Border CBDC Test

November 22, 2022
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According to the Bank of International Settlement (BIS), China just finished a six-week cross-border CBDC test. The test was called Project mBridge.
From Zero to One: China Reports Covid Deaths

From Zero to One: China Reports Covid Deaths

November 22, 2022
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On Saturday, China reported its first Covid death in six months. On Sunday, China reported two more, totaling three for the weekend.
Amazon Joins Long List of Massive Tech Layoffs

Amazon Joins Long List of Massive Tech Layoffs

November 15, 2022
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The Fed may be preparing to take a victory lap as people become unemployed. The intended purpose of raising interest rates is to destroy aggregate demand.
Japan Sells Foreign Reserves  For the Third Straight Month

Japan Sells Foreign Reserves For the Third Straight Month

November 10, 2022
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Japan’s Ministry of Finance (MOF) announced that Japan sold another 3.5% or $43.4 billion worth of foreign reserves in October.
Japan Yen Passed Scary Benchmark Against the Dollar

Japan Yen Passed Scary Benchmark Against the Dollar

October 25, 2022
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For the first time since 1990, the U.S. Dollar reached 150.09 Japanese Yen briefly in overnight trading. Read more on why this matters to your portfolio.
U.S. Federal Reserve Sends $6.27B To Swiss Banks

U.S. Federal Reserve Sends $6.27B To Swiss Banks

October 25, 2022
786 view(s)
Recently, the Swiss National Bank took $6.27B from the U.S. Federal Reserve swap line. The previous week, the Swiss National Bank took $3.1B.