Britain is set to remove itself from the European Economic Area (EEA), thus losing its passporting rights; that is, the right to do business with any other member of the EEA with few restrictions. That means that the financial hub that is Britain will be less attractive to foreign businesses
The assassination of the Iranian general Qasem Soleimani has been dominating the news cycle, and that’s not for no reason: Of any of the strikes the United States has made, the resulting death of Soleimani will likely have the highest impact. This isn’t only because of the political implications, but
The Wall Street Journal reported in December that Sweden’s Riksbank, its central bank, one of the first to use negative interest rates, also became one of the first to end the policy. They did so because inflation was expected to rise to its target of 2% in the coming years.
CNBC recently reported on Deutsche Bank’s perceived market risks for the United States, sent by Deutsche Bank’s chief economist Torsten Slok to a list of clients. As the new year dawns on us, I’ll go over some of these in relation to our business. For the sake of brevity, I’ll
Despite slowing growth and concern over when a global downturn will come, the U.S. remains a safe place for cross-border investment. National Real Estate Investor reported this week that cross-border real estate deals totaled $46.2 billion in the first nine months, up 17% from the $39.5 billion in the first
Bloomberg reported on November 20th that the rich in Europe are increasingly investing in precious metals, cash and cryptocurrency in efforts to hedge against a future recession, as well as avoid negative interest rates. Those rates are causing sitting cash to lose value, so for most of those holding it,
While the rest of the European Union has seen an increase in foreign investment during the last three years, Britain has seen a decline that has put it at its lowest level of foreign direct investment (FDI) in six years. Despite that, it stayed at the top of the list.
The U.S. dollar is the currency of safety for the world. Given that the United States is also the originator of the impactful trade fight between itself and China, that creates a strange situation in which the U.S. economy is creating risk while propping itself up on risk aversion. Emerging
On October 16th, The Wall Street Journal’s Marketwatch reported from one of their polls that two-thirds of U.S. households are bracing for a possible recession. The Federal Reserve cut rates for a third time this year, giving many fearing a recession more reason to act accordingly. It may be the
