#USD +0.07% >>> 97.75 #Gold +0.15% >>> USD 1,492 Last night, to central bank deducted the interest rate -0.25% once again, for the third time this year, as expected. Hence it reached a 1.75% top. The decrease of USD interest has been said to be unnecessary according to experts and has raised up protests. Statistics…
Peter David Schiff, CEO and chief global strategist of Euro Pacific Capital Inc. believed that US economy is approaching to a massive recession. He thinks that the cut of interest rates by Federal Reserve last month was a big mistake. “They never should have taken rates to zero in 2008 and held them there for…
Last week #world_stock_markets lost 100 billion dollars of their value and reduced to 75.95 trillion dollars! The new tariffs of #China on 75 billion dollars of #US goods and products was the cause of market to trend down and even the positive speech of MR. Jerome #Powell, Chairman of The Federal Reserve, could not offset…
