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Gold-Like Swiss Franc May Surge 17%, Morgan Stanley’s Adams Says
The Swiss franc could surge as much as 17% to the dollar amid growing confidence in the currency’s haven status in the face of US policy uncertainty.
Japan’s Ruling Party Tax Chief Calls US Tariff Situation ‘Messy’
Heavyweight of Japan’s ruling Liberal Democratic Party called US tariffs “a real mess” after Trump hiked levies in response to Supreme Court decision.
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Tom Lee Signals Potential Upward Movement in May
The recent downturn in the stock market appears to be subsiding, with several optimistic indicators emerging from the Fed's latest policy assembly.
Bill Gross Says ‘Total Return’ Strategy He Pioneered Is ‘Dead’
Bill Gross, who pioneered the “total return” strategy in the 1980s that revolutionized the bond market, says the approach is now defunct.
The $34 Trillion U.S. Debt Is Nearly As Big As The Economy And There’s (Still) No Plan To Fix It
The nation’s debt, currently over $34 trillion, is rampantly growing as U.S. lawmakers have been unable to agree to budget reforms that could tame it.
Jay Powell Won't Give In To The Market's Biggest Fear
The Fed kept interest rates unchanged, holding the fed funds rate at a 23-year high between 5.25%-5.50% amid a "lack of progress at it's 2% target.