Currency wars: Can the West afford an increasingly developed Africa, Asia, and Latin America?

The takeaway …. As I get ready for the release of the jobs report, a thought on the relationship between the world’s major geographic regions hit me. Do western nations, primarily the United States, the United Kingdom, and Eurozone, really want to see a developed Africa, Asia, or Latin America? Would development of these areas … Continue reading Currency wars: Can the West afford an increasingly developed Africa, Asia, and Latin America?

The 119th Congress takes its seat tomorrow as the dollar continues to strengthen.

The GOP-controlled 119th Congress will take its seat around noon tomorrow. Over in the House chamber, there will be a vote for the Speaker of the House. Meanwhile, results from the Pan-European Manufacturing Purchasing Managers Index demonstrates the danger of making a five day call on where the EUR/USD may end up at week’s end. … Continue reading The 119th Congress takes its seat tomorrow as the dollar continues to strengthen.