News

Trump and Elizabeth Warren have the same very bad idea about the dollar

Both President Trump and presidential hopeful Senator Elizabeth Warren have floated the idea of weakening the dollar to help sell US exports. This is a very stupid, dangerous idea. Weakening the dollar would scare the world away from US assets, hurt already weakening confidence in the US government, and potentially […]
Trump and Elizabeth Warren have the same very bad idea about the dollar
Markets

Profits across China’s industrial sector are still growing strongly

Profitability across China’s industrial sector continued to improve in May, according to data released by China’s National Bureau of Statistics (NBS) earlier today. The NBS said that profits increased by 16.7% from a year earlier, higher than the 14.0% increase seen in the 12 months to April. In local currency […]
Profits across China’s industrial sector are still growing strongly