Source: Mises.org In the run-up to the crisis, US financial institutions heavily invested in particular types of CDOs called mortgage-backed securities, which essentially packaged together mortgages from a wide array of different locations. It was thought unlikely...
Source: CNBC “U.S. home sales fell in January to their lowest level in more than three years and house prices rose only modestly, suggesting a further loss of momentum in the housing market. The National Association of Realtors said on Thursday existing home...
Source: Wall Street Journal “Stocks and bonds are rising on bets that the Federal Reserve has ended its nearly four-year campaign of interest-rate increases, worrying investors who believe the central bank could upend those expectations later this...
Source: The Economist “Imagine the world economy goes into a tailspin. There is panic selling of risky assets. Where should you seek safety? Cash is the most liquid asset; but which kind? The dollar is a natural focal point. Yet America’s fiscal...
Source: CNN Business “Hackers in China have significantly stepped up attacks on US companies as the two countries have clashed over trade and technology. Top cybersecurity firm CrowdStrike saw ‘a big resurgence’ last year in efforts by China-based...
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