From 2003 to 2017, the Effective Federal Funds Rate (EFFR) dropped by 36% while gold rose 169%, and dollar purchasing power reflects this low-rate environment.
From 2003 to 2017, the Effective Federal Funds Rate (EFFR) dropped by 36% while gold rose 169%, and dollar purchasing power reflects this low-rate environment.
“Every day along the world’s busiest border, an expensive and time-consuming pantomime is acted out.” So begins the Economist’s coverage of the trucking agreement recently announced between Mexico and the United States. From that smart opening line the paper slips into an uncharacteristic fit of naïveté, arguing that Mexico stands to chalk major gains from […]
President Obama welcomed Brazil’s President Luiz Ignacio ‘Lula’ Da Silva as the first Latin American leader to the White House to discuss, energy, agricultural and economic trade issues between the two hemispheric partners.
President Obama & PM Stephen Harper of Canada. Many, yet, do not grasp the intrinsic connection between the economy, global financial Markets and foreign policy. If ever there were a great example of ‘Economic Foregin Policy’ at work, it was displayed today in President Obama’s first foreign trip to visit our northern neighbor, Canada. The […]