Bankrupt Hertz Global Holdings Inc. and its bondholders are squaring off over how to shrink its nearly half-a-million vehicle fleet. Market watchers say the outcome could upend the multi-billion dollar lease-backed ABS industry. The cars are housed in an entity linked to Hertz’s asset-backed securities and leased to the rental […]
Digital Payments: The Evolution of Currency Over the last decade, the digital payments landscape has undergone a structural shift. Consumer behaviors are changing — moving towards contactless and cashless transactions. Meanwhile, as the magnitude of COVID-19 grows, these trends have only accelerated. Today’s infographic navigates the digital payments ecosystem, exploring its history and […]
KEY POINTS Stephen Roach: Dollar will slide 35% against other currencies in near future Says Fed Reserve’s fiscal stimulus package will greatly increase deficit Believes that China’s currency will strengthen going forward U.S. dollar will weaken “sooner rather than later” The U.S. dollar, which functions as the world’s reserve currency, […]
Nils Anders Tegnell is a Swedish infectious disease doctor and civil servant, and the current Swedish state epidemiologist. He was employed by the Swedish Institute for Communicable Diseases between 2004 and 2005, and the Swedish National Board of Health and Welfare between 2005 and 2012. He returned to the Institute […]
Clearly, Canada is a magnificent country and most Canadians know it. It’s not remotely disputed for being the most exciting country in the world, but the drama of excitement and historical interest is ultimately generated by turmoil and violence. This being the case, it is appropriate to mention that this […]
What is no secret to anyone is the fact that the world has been truly disturbed due to the alleged murder of George Floyd by a Minneapolis police officer in broad daylight. Likewise, it could be said that the fact that three official colleagues actively participated has been even more […]
We warned about this move many months ago and just 6 days ago we issued a research post suggesting Gold had cleared major resistance and would start a rally mode to push above $2000 — possibly above $2100. Well, guess what happened right after we made that statement? Yup — Gold started to rally […]
Citibank has joined other mainstream gold bulls calling for record gold prices. Citi raised its gold price forecast this week. It now projects a three-month price of $1,825 per ounce and for the yellow metal to head into record territory in 2021. Citi analysts expect gold to eclipse the $2,000 […]
After 15 months on the ground, the Boeing 737 Max on Monday took a major step toward returning to passenger service as the troubled jet completed its first recertification test flight. A Boeing 737 Max 7, registration N7201S, departed from Seattle’s Boeing Field just before 10 a.m. local time for […]
Gold prices have seen a positive correlation to the expansion of the Federal Reserve’s assets, and as the Fed embarks on the largest stimulus program in its history, the yellow metal is set rally in the same fashion as in the aftermath of the last recession, said Frank Holmes, CEO […]