Daily News for Every Age

United States exporting inflation to the rest of the world


Because the majority of global trade is denominated in dollars, the United States is exporting inflation to the rest of the world.

A strong dollar has the unintended consequence of weakening currencies in other countries.


Investors’ enthusiasm for China has waned as reasons to avoid the country outweigh incentives to buy.

A debt crisis is expected to occur within the next six months, according to 41% of respondents, who include portfolio managers and retail traders.

European stocks and US equity futures rose, while the dollar fell as investors reduced their bets on how aggressively the Fed will tighten policy.