Currencies & Big Mac Index

Currencies & Big Mac Index

The U.S. Dollar is Strong in Russia, Thus the Cheaper Big Mac The Economist created The Big Mac Index 30 years ago as a rough-and-ready gauge of world currencies. The index is based on the idea when currencies are aligned correctly, the same product (in this case, a...
2016 Brings A Market Rout

2016 Brings A Market Rout

2016 Begins With A market rout Gut Punch The People’s Bank of China (PBOC) started the New Year with a downward currency adjustment and fireworks followed. Last week, three distinct issues affected China’s stock market. First, the PBOC’s devaluation of the yuan...
LOOKING BACK at 2015

LOOKING BACK at 2015

Oh, The Joys of Looking Back at 2015. Each week, ‘The Economist Explains’ blog expounds on subjects ranging from current events to economics, from philosophical or scientific issues to everyday oddities. Let’s take a quick look at a few of its headlines during 2015:...
The Renminbi Comes Of Age

The Renminbi Comes Of Age

China Throws a Quiet “Sweet 16” party Next year, China’s renminbi (a.k.a. yuan) will join the U.S. dollar, euro, yen, and pound, when it is added to the International Monetary Fun (IMF’s) Special Drawing Rights (SDR) basket – a supplementary...
Emerging Markets

Emerging Markets

If There Were a “PAGE SIX” For Finance And Economics… Emerging Markets would be splashed across it. Remember the saying, “Buy low and sell high?” Well, emerging markets have not performed well for quite a long time, and that has a lot of people...
Chinese Currency Adjustment

Chinese Currency Adjustment

Chinese Currency Adjusts Downward Stock markets in the United States got off to a good start last week, heading higher before stumbling over China’s currency news. China, which has one of the world’s largest and fastest growing economies, is experiencing a slowdown in...

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.

You have Successfully Subscribed!