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The world needs the dollar, even a battered one, says this strategist. Here's how to play that.
A truly great global reserve currency needs three things, said Larsen. The first is that global trade is conducted in that currency, with the dollar remaining "firmly" in that territory, and boosting ...
Morning Bid:’Major loser’ reporting for duty
There’s a clear "major loser" right now and it’s on Wall Street.
Wealthier borrowers are getting behind on their debts, a warning shot for the economy
Toxic mortgages to subprime borrowers played a major role in the 2007-'08 global financial crisis. This time, investors worry about cracks among prime borrowers spelling trouble for the economy. Prime ...
Stocks have worst start to a U.S. Presidency in nearly a century
Monday was the 63rd trading day for Wall Street since Donald Trump was inaugurated U.S. president on January 20, notes Bespoke Investment. Fair to say, it's not been great for U.S. stocks. "The 14.5% ...