When the investing climate changes and the value of the US dollar declines, the CEO and founder of one of the biggest independent financial advice, asset management, and fintech organizations in the w...
Tag: Eroding
Jamie Dimon says inflation eroding consumer wealth may cause recession next year
JPMorgan Chase CEO Jamie Dimon said that inflation could tip the U.S. economy into recession next year. While consumers and companies are currently in good shape, that may not last much longer, Dimon ...
Tesla’s dominance of EVs is eroding as cheaper cars hit the market
Tesla is still the top-selling electric vehicle brand in the U.S., but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Glo...
China’s ponzi-like property market is eroding faith in the state
The 120km train ride between the cities of Luoyang and Zhengzhou is a showcase of economic malaise and broken dreams. From the window endless, half-built residential towers pass one after another for ...
USD Purchasing Power Will Keep Eroding, Veteran Trader Peter Brandt Says
Yuri Molchan Savvy trader Peter Brandt believes that USD and other fiat currencies will continue to lose their purchasing power over time In his recent tweet, savvy commodity trader Peter Brandt has p...