Everything has a price, but if something is both in demand and finite, the price could easily explode. Such an asset has the potential to spark a speculative mania. The speculative mania is often confined in a bubble. A financial bubble could be understood as a marked increase in an asset’s price without a corresponding increase in its real intrinsic value. The belief that … [Read more...] about The Relationship Between Asset Bubbles and Recessions
COVID-19 Crisis Cost the Global Economy About 255 Million Jobs-ILO
COVID-19 pandemic wiped out about 255 million full time jobs globally, raising the concern that the world economy won’t recover fully in 2021. The report by International Labor Organization showed that working hours would remain below those of the pre-crisis levels even under the most optimistic assumptions. Under a baseline scenario, ILO projects that the global economy … [Read more...] about COVID-19 Crisis Cost the Global Economy About 255 Million Jobs-ILO
Is QE a Form of Currency Manipulation?
If you are a keen follower of global financial developments, you must be familiar with these two terms, currency manipulation and quantitative easing (QE). The terms grew into the mainstream news at different times, each perpetuated by different circumstances. Although QE is an old concept, it grew into prominence in the wake of the 2007/08 Great Recession. Major central … [Read more...] about Is QE a Form of Currency Manipulation?
U.S Existing Home Sales Gained 0.7% in December, 2020 Sales Highest Since 2006
U.S. existing home sales rose 0.7% from November to a seasonally-adjusted annual rate of 6.76 million in December, according to National Association of Realtors press release. The existing home sales totaled 5.64 million in 2020, up 5.6% from 2019, the most since 2006 Total home sales rose 22.2% year over year from 5.53 million in December 2019The median … [Read more...] about U.S Existing Home Sales Gained 0.7% in December, 2020 Sales Highest Since 2006
1000pip Builder Review
With the assurance of high monthly returns and ease of trading, 1000pip Builder is one of the Forex signals services that cater to Forex traders. This system provides Myfxbook verified results and signals that are from expert analysis with full support. With so many signal services available to traders now, it is difficult to assess each system thoroughly. This is … [Read more...] about 1000pip Builder Review
