Trump Says Currency Swap With UAE Is Under Consideration

US President Donald Trump said a currency swap with the United Arab Emirates is under consideration, as the Gulf state floats the prospect of financial assistance to weather the fallout from the Iran war. “It is,” Trump said Tuesday on CNBC when asked if the...

JPMorgan Lifts S&P 500 Target as AI Rally Regains Momentum

A renewed surge in enthusiasm for artificial intelligence will help drive US stocks to higher-than-expected levels this year, according to strategists at JPMorgan Chase & Co. The team led by Dubravko Lakos-Bujas has raised its year-end target for the S&P...

New Zealand Inflation Exceeds Forecasts, Spurring Rate-Hike Bets

New Zealand inflation unexpectedly held above the top of the Reserve Bank’s 1%-3% target last quarter, prompting markets to boost bets on a July interest-rate hike as the impact of an Iran-war driven surge in fuel prices is still to come. The currency and bond yields...

Insidious Inflation to DOOM Market & Economy

The oil price shock due to the Israel/USA Iran war led to my empirical research of the 1973 oil price shock which is widely considered t the first of many.  My forte is to research extreme events and to find cause and then utilize findings to predict next similar...