The U.S. dollar’s century-long reign of the world economy faces a threat over the coming decade – as China’s renminbi strives to become its successor, as some prominent central bankers call for a more sustainable global monetary regime and as cryptocurrencies pose a radically alternative model. But as the 2020s begin, the dollar looks as
Month: December 2019
Tom Shaughnessy is a co-founder of Delphi Digital as well as the host of the Chain Reaction podcast. Jordan Clifford is managing director of Scalar Capital. In this end of year interview for The Breakdown, Tom argues that the big story of 2019 was actually the fact that it was all about “quiet” building. When
7 of the last 20 trading years has seen the last day move higher The US major indices are opening with declines. They are also down for the 2nd day in a row. For those looking for historical trends, only 7 of last 20 trading years have seen the last day of the year close