Debt Ceiling Blues, Part 79. What Happens if the US Defaults?
The US federal government can’t legally borrow any more money and time is running out for a deal. Failing to get one done would be a nightmare for the markets and the US Dollar.
The US federal government can’t legally borrow any more money and time is running out for a deal. Failing to get one done would be a nightmare for the markets and the US Dollar.
Have you ever wondered whether certain months are better or worse for stock markets? While we can identify meaningful seasonality, by itself, it is a poor predictor of past performance.
Have you ever wondered whether certain months are better or worse for stock markets? While we can identify meaningful seasonality, by itself, it is a poor predictor of past performance.
The US Dollar Smile Theory helps explains why the currency rises when the economy is greatly outperforming or in a recession. But is this backed by economic data?
The US Dollar Smile Theory helps explains why the currency rises when the economy is greatly outperforming or in a recession. But is this backed by economic data?
Silicon Valley Bank’s ‘Twitter-fuelled’ bank run highlights how regulatory shortcomings can have far reaching effects in the modern digital age
Silicon Valley Bank’s ‘Twitter-fuelled’ bank run highlights how regulatory shortcomings can have far reaching effects in the modern digital age
On average, the US Dollar and gold prices have fared well at the onset of US recessions. Meanwhile, the 10-year Treasury yield, Australian Dollar, and S&P 500 have underperformed.
On average, the US Dollar and gold prices have fared well at the onset of US recessions. Meanwhile, the 10-year Treasury yield, Australian Dollar, and S&P 500 have underperformed.
Hawkish and dovish policies affect FX rates through a mechanism referred to as 'forward guidance'.