In 2023, the USD/JPY currency pair has been on an impressive bullish run, gaining more than 14% since the start of the year. This remarkable ascent has been primarily fueled by soaring U.S. Treasury yields, driven by a hawkish Federal Reserve policy stance. However, the recent price action has shown signs of volatility, raising questions … Read more
In the ever-evolving landscape of the financial world, credit card default rates have emerged as a significant concern. Recent statistics reveal a startling trend: the default rates among the top 100 banks stand at a comparatively modest 2.45%, while the rest of the banking institutions are grappling with a staggering 7.51%. This surge in default … Read more
The mortgage market has been on a wild ride lately, with interest rates recently hitting levels not seen since the turn of the millennium in 2000. As a result, the demand for mortgages has plummeted to a 27-year low. In this blog post, we’ll delve into the current state of the mortgage market, analyzing the … Read more
On September 20, 2023, the Bank of England made an unexpected announcement that sent ripples through the financial world. The bank decided to hold the current interest rate at 5.25%, marking the first time in two years that rates had not been raised. This decision came in the wake of inflation data for August, which … Read more
The U.S. economy has defied expectations, maintaining an unemployment rate under 4% for nearly two years. However, this is not merely a pandemic-induced anomaly but rather a complex storm that has been brewing for decades. Labor shortages are now evolving into a long-term labor crisis, with far-reaching consequences for the American workforce and the economy … Read more
In the first six months of this year, the US and Mexico traded around $397 billion worth of goods, which is much more than the $276 billion traded between the US and China during the same period. This change happened because of shifts in global supply chains caused by trade tensions between the US and … Read more
In recent days, the stock market crash has been shaky with concerns about rising interest rates. The current SPY (S&P 500 ETF) price stands at 433. While some investors are feeling bearish, there are good reasons to believe the market could bounce back by the end of September. In this article, we’ll explore why investors … Read more
Inflation, the persistent rise in the general price level of goods and services, has been a hot topic in recent times. Central banks worldwide, particularly the United States Federal Reserve (the Fed), have been closely monitoring and addressing this economic challenge. In this article, we will explore the measures the Fed has been taking to … Read more