news wrap 11.30.20

Gold is looking at the worst month in 4 years due to stock rally. ABN Ambro to cut 2,800 jobs as investment bank shrinks. Oil should find support beyond OPEC. HSBC looking at discontinuing its U.S. retail banking operation. S&P 500 on course for its best month (November) since April. COVID-19 vaccine distribution within weeksContinue reading “news wrap 11.30.20”

beware of currency manipulation

Encouraging excess in spending and borrowing that would bring an upturn to the economy usually doesn’t keep an economy in perpetual prosperity. Controlling business cycles reduces the severity of those cycles. Using this knowledge allows for the maintenance of business expansion. Profits play a key role in a prosperous economy. Policies to maintain business prosperityContinue reading “beware of currency manipulation”