Economics

Debt Reckoning: Moody’s Downgrades US Credit Amid Fiscal Freefall

Debt Reckoning: Moody’s Downgrades US Credit Amid Fiscal Freefall

On Friday, credit rating agency Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1, pointing to a decade of mounting debt and escalating interest payment pressures. The development lands amid intensifying recession concerns, turbulent trading conditions, and disjointed activity across bond markets. Triple-A No More—Moody’s Strips U.S. of Top Rating Amid Exploding […]

Debt Reckoning: Moody’s Downgrades US Credit Amid Fiscal Freefall Read More »

Bond Vigilantes Return: Rising Yields Fuel Recession Fears

Bond Vigilantes Return: Rising Yields Fuel Recession Fears

Rising U.S. Treasury bond yields are fueling fears of tighter financial conditions, and potential recession risks as global markets grapple with heightened volatility. Flight to Safety or Prelude to Panic? Bond Market Signals Turn Ominous The yield on the benchmark 10‑year U.S. Treasury note stood at 4.45% on Thursday, May  15,  2025, while the 30‑year

Bond Vigilantes Return: Rising Yields Fuel Recession Fears Read More »

Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady

Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady

On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin reacted positively to reports that the U.S.

Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady Read More »

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks

Market analysts are closely watching the ongoing dialogue between U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng as both sides attempt to ease tensions in their prolonged trade standoff. On Sunday, Bessent and Greer noted the duo made substantial progress during the negotiations. Tariff Titans Face-Off Top

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks Read More »

ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism

ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism

ASEAN, the Association of Southeast Asian Nations, along with China, Japan, and South Korea, criticized the escalation of protectionism in a joint statement. The group called for enhanced regional unity to address the uncertainty arising from the implementation of these policies. ASEAN, China, Japan, and South Korea to Strengthen Ties to Fight Protectionism, Enhance Multilateralism

ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism Read More »

Gallup Poll: Real Estate and Gold Still Preferred as Long-Term Investments in US

Gallup Poll: Real Estate and Gold Still Preferred as Long-Term Investments in US

According to a recent Gallup poll, real estate is still the preferred long-term investment option for U.S. citizens, while gold has surpassed stocks, which traditionally reached second place. 37% estimate that real estate is the best option, while 24% believe in gold instead. Crypto registers a marginal preference, with only 4%. Gallup Poll: Real Estate,

Gallup Poll: Real Estate and Gold Still Preferred as Long-Term Investments in US Read More »

Dollar Collapse Nears: Peter Schiff Says Ending Reserve Status Is Only Way Out

Dollar Collapse Nears: Peter Schiff Says Ending Reserve Status Is Only Way Out

Peter Schiff says the U.S. dollar is about to free fall, insisting the only way to end America’s trade imbalance is to end its reserve currency status. The End of Reserve Currency Status? US Dollar Faces Terminal Decline as Imbalances Surge Economist and gold advocate Peter Schiff issued a sweeping critique of U.S. economic policy

Dollar Collapse Nears: Peter Schiff Says Ending Reserve Status Is Only Way Out Read More »

Trump Acknowledges Possible Recession, Highlights US Economy Is in Transition

Trump Acknowledges Possible Recession, Highlights US Economy Is in Transition

While President Trump stated that anything could happen with the U.S. economy given the current course of action, he clarified that he was not worried about a short-term recession. “I think we’re going to have the greatest economy in the history of our country,” he declared. President Trump Recognizes US Economy Is in a Transition

Trump Acknowledges Possible Recession, Highlights US Economy Is in Transition Read More »

BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems

BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems

BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment Platforms Foreign ministers from the BRICS countries highlighted their commitment to shifting away from reliance on dominant global currencies

BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems Read More »

‘Dr. Doom’ Now Bullish on US Economy, Predicts 4% Growth Despite Trump’s Tariffs

‘Dr. Doom’ Now Bullish on US Economy, Predicts 4% Growth Despite Trump’s Tariffs

Economist Nouriel Roubini presents an optimistic outlook for U.S. economic growth, forecasting a 4% annual rise by 2030. He believes that while trade restrictions could slow growth by 50 basis points, technological advancements could boost potential growth by 200 basis points. Roubini Says Trump Humbled by Financial Markets Economist Nouriel Roubini, long known for his

‘Dr. Doom’ Now Bullish on US Economy, Predicts 4% Growth Despite Trump’s Tariffs Read More »