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Why Neil Phillips Avoided Prison: Morgan Stanley Was His Victim
The judge who sentenced Glen Point Capital Neil Phillips to probation instead of prison for manipulating an exchange rate said leniency was warranted.
Higher Interest Rates Are Likely This Year
Higher interest rates are a likely prospect this year due to the risk of an inflationary rebound, according to Rob Arnott.
US Dollar's Dominance Secure, BRICS See No Progress On De-Dollarization -Report
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor BRICS countries have been able to reduce global reliance on it.
The S&P 500 Has Finally Reached Its Peak With Crash Likely To Follow
John Hussman, a well-known market skeptic, asserts that the S&P 500 has reached its speculative peak, with a significant crash likely to follow.