Simply put, "it does not last for ever" should be ringing in the ears of every investor in the world with more than a few millisecond return horizon. And neither do any and all chartalist conventions which rely on the articial construct of...
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK (TheStreet) -- The decisions of the Super Committee...
Moody’s Investors Service affirmed the U.S.’s top rating for the second time in a week, rebutting Standard & Poor’s after it stripped the world’s largest economy of its top credit status.
The U.S. today retained its Aaa ranking with a...
The reliance upon the U.S. dollar as the world's reserve currency and "safe haven" asset has created a perverse, but deeply entrenched, mindset among global investors. In fact, many believe the major financial players have no alternatives to...
Euro retained its role as the world's second largest reserve money after the dollar last year despite the Greek debt crisis, the European Central Bank said.
Uh-oh... Swiss mega-bank UBS completed a survey of 80 central bank reserve managers that control about $8 trillion this week and more than half predicted the US dollar would be replaced as the world’s reserve by a “portfolio of currencies”...
The World Bank predicted that the dollar will lose its place by 2025 as the principle global reserve currency, the euro and the yuan will share top billing.
China's yuan will one day play a major role as a global reserve currency, although the U.S. dollar will remain an important currency, European Council President Herman Van Rompuy said on Wednesday.
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