by USMR Staff | Aug 20, 2014 | Executive Insights
The Fed’s preferred measures of inflation are so low they’re in the Fed’s panic zone. What gives? “There’s an ideal playbook, and it would look something like this,” James Rickards, author of the New York Times bestseller Currency Wars, explained. “You’d have higher...
by USMR Staff | Aug 20, 2014 | Executive Insights
Ukraine’s next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and brings key industry to a halt, furthering weakening the energy sector by crippling coal-based electricity production. The Ukrainian...
by USMR Staff | Aug 20, 2014 | Executive Insights
WASHINGTON (AP) — Unemployment rates rose in 30 U.S. states last month, even as employers in two-thirds of the states stepped up hiring. The trends reflect an increase in job-hunters nationwide as an improving economy has encouraged more people to seek work. The Labor...
by USMR Staff | Aug 20, 2014 | Executive Insights
Investors seem hopeful that Russia and the West can step back from their standoff over Ukraine. There are still plenty of reasons, though, for central bankers to be concerned. Markets around the world rallied this week, helped by indications of reduced tensions in...
by USMR Staff | Aug 20, 2014 | Executive Insights
Russia is taking steps to ensure that it protects itself from any future dollar or euro sanctions. Moscow boasts the world’s 5th biggest foreign exchange reserves and the 6th largest gold reserves. In total, the assets amount to over $1.5 trillion. While the West is...
