Ken Fisher Special to USA TODAY Published 5:00 p.m. UTC Jul 22, 2018 Pundits and headlines warn of impending doom from the “yield curve” flattening. OK then. But its specific impact on folks won’t work like those yahoos predict. First, what is the yield curve? Second, who cares? And most important, how and when might it affect you? The yield curve is just a line graph showing the interest rate of government bonds at every future maturity (meaning when they come due and repay the principal). So the full curve depicts rates of bonds from very short term to very long term (from now until 30 years from now). The “line” uses dates of maturity horizontally from now, moving to the right, through 2048, and corresponding rates from zero to very high vertically. Normally, short rates are lower than longer-term rates. So the line normally slopes gently upward to the right. Changes in the curve matter because they affect … [Read more...] about The yield curve is flattening. Does that mean a recession is coming?
Gdp what does it mean
“So, have ya Brexited yet?” Blunt, folksy and utterly unconventional, the question down the phone line to Theresa May was pure Trump. As an icebreaker, it is hardly an easy opener for a woman whose entire premiership has been created, and dominated by, the UK leaving the European Union. More than two years after the British public narrowly voted to quit the EU, the country still hasn’t “Brexited”. May’s latest plan for a continued close relationship with the 27 other nations in the bloc has caused resignations and rebellion within her own party. In many ways, Trump was simply asking a question Leave voters themselves have asked many times. But US Presidents don’t usually use a transatlantic phone call on an encrypted line to ask a question that the Prime Minister could hear in any pub. And what’s just as surprising is that Trump has used this opening line not just once, but several times since he entered the White House. … [Read more...] about What’s It Like To Be In The Room With Donald Trump? How Theresa May Deals With The Deal-Making President
Updated 1346 GMT (2146 HKT) July 11, 2018 (CNN)US President Donald Trump has arrived in Brussels with a clear message: NATO members must hike their defense spending and they must do it now. Trump has long called on other NATO members to spend at least 2% of their gross domestic product on defense, as the transatlantic alliance's own guidelines recommend. He has a point. The US spent more than 3.5% of its GDP on defense last year, and far more in previous years, while only three other member nations -- the UK, Greece and Estonia -- passed the 2% threshold last year, NATO data shows. Poland slipped in 2017 below the benchmark to 1.99%. "I think these countries have to step it up, not over a 10-year period, but they have to step it up immediately," Trump said in Brussels on Wednesday, on day one of the summit. NATO allies in 2014 agreed to try and reach their 2% target over a decade, by 2024, too long a time frame for Trump. He pointed specifically to Germany as a wealthy nation that … [Read more...] about Is the US NATO’s piggy bank? Here’s what to know
Europe 28 May 2018 Share this with Facebook Share this with Twitter Share this with Messenger Share this with Messenger Share this with Email Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link http://www.bbc.com/news/world-europe-44277888 Read more about sharing. These are external links and will open in a new window Close share panel Italy looks set to have an interim government before fresh elections, in a political crisis which pits Eurosceptic populists - winners of the March election - against pro-EU establishment politicians.President Sergio Mattarella's … [Read more...] about What is Italy’s political crisis all about?
Investors are bracing for further market jolts after Mahathir Mohamad’s surprise victory in Malaysia’s election.At 92 years old, Mahathir led a four-party coalition to end the six-decade rule of Najib Razak’s party. Investors had been betting on Najib retaining power, and Mahathir’s return to office 15 years after he stepped down as prime minister injects more uncertainty into financial markets and the economy at a time when emerging markets are under attack globally.What To Watch in MarketsMarkets are shut on Thursday and Friday after the government declared public holidays. One-month non-deliverable forwards imply the ringgit will be about 3 percent weaker when onshore markets reopen on Monday. The currency touched four-month low of 3.9507 on May 8 Stocks could drop 8 percent within three days: Affin Hwang Asset Management BhdConsumer sector stands out as major beneficiary as GST removal, fuel subsidy, minimum wage revision could boost … [Read more...] about What Mahathir’s Shock Malaysia Win Means for the Economy and Markets