Estimated read time 4 min read
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Billionaire Ray Dalio Warns US and China on Brink of War, Beyond Ability to Talk — US-China Trade Could Collapse

Billionaire Ray Dalio Warns US and China on the Brink of War Beyond Ability to Talk — US-China Trade Could CollapseBridgewater Associates founder Ray Dalio has warned that the U.S. and China are “on the brink of war” and “are beyond the ability to talk.” The billionaire added that their relations “are getting so bad” that U.S.-China trade could collapse. He cautioned that the next 18 months “will be a very risky period.” U.S. and […]
Estimated read time 3 min read
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Economist Predicts Shift to Tripolar Reserve Currency World — Yuan, Euro to Disrupt US Dollar’s Dominance

Economist Predicts Shift to Multipolar Reserve Currency World — Yuan and Euro to Challenge US Dollar's DominanceEconomist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar forming a “tripolar” reserve currency configuration. ‘A Multipolar World’ Economist Stephen Jen, the CEO of asset management firm Eurizon SLJ, expects multiple currencies […]
Estimated read time 3 min read
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Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

Japan's Inflation Surges to 3.5% as New BOJ Governor Takes the HelmThis week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s inflation has been steadily rising […]
Estimated read time 3 min read
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Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures

Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank FailuresOn Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC), released a similar report on Signature Bank’s collapse and […]
Estimated read time 2 min read
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Following Massive Volatility, Will BTC Finally Break Above $30K? (Bitcoin Price Analysis)

Bitcoin has received support at the crucial 50-day moving average, located at $27,000. This has led to a rally that aims to break through the significant resistance level of $30K. Despite the cryptocurrency’s overall bullish outlook, there is potential for rejection from this price range. Technical Analysis By Shayan The Daily Chart Following a short-term […]