economy

In an article by Anchalee Worrachate, Bloomberg News reports that the British pound is outperforming more than 90% of the world’s currencies in 2024. This impressive performance is attributed to signs that the UK economy is holding up better than expected, which is likely to keep interest rates higher for longer. According to Bloomberg’s analysis […]

In a recent report by Bloomberg TV, the anticipation surrounding American pop superstar Taylor Swift’s concert in Melbourne is described as nothing short of phenomenal, with economic projections estimating a $1.2 billion boon for the city. This figure encompasses both direct and indirect financial benefits stemming from international visitors, hotel accommodations, flight tickets, and local […]

The U.S. financial landscape has recently experienced a seismic shift. In just over a month, from June 1 to July 6, 2023, the U.S. Total Public Debt Outstanding surged by over $1 trillion. This dramatic increase has sent ripples through the financial world, catching the attention of both crypto enthusiasts and financial analysts. But what […]

In a recent video, renowned investor and educator George Gammon issued a warning about an impending second wave of the banking crisis. He delved into the data, revealing the signs that suggest the crisis is just beginning. The Mysterious Second Central Bank Gammon began by introducing the Federal Home Loan Bank System (FHLB), a lesser-known […]

In an unsettling revelation, two Federal Reserve economists have recently issued a comprehensive report that portends a potentially worrisome state of the American economy, noting an unprecedented level of financial distress amongst non-financial firms. According to the research note, since March 2022, the tightening of the U.S. monetary policy has led to a striking escalation […]

According to an article by Bloomberg published on June 27, Bloomberg Economics has warned that the Bank of England’s (BoE) aggressive measures to control the UK’s soaring inflation rate, the highest among the Group of Seven economies, could plunge the country into a recession by year-end. In their analysis published on Tuesday, economists Dan Hanson […]

Nouriel Roubini, a globally recognized economist with an extensive academic and policy background, has issued a stark warning about a potential market shock in the near future. Roubini, who is the CEO of Roubini Macro Associates, a global macroeconomic consultancy firm in New York, and Chief Economist for Atlas Capital Team LP, has a long […]