LONDON (Reuters) - Egypt's currency devaluation may eventually bring foreign money into the country, but fund managers say uncertainty about the economy means there will be no quick inflows of ...
Bridgewater Associates founder Ray Dalio once said, "Cash is trash," and, "Get out of cash." Evidently, he was concerned about the erosion of the value of the U.S. dollar (USD) and how this could ...
The U.S. has crossed a threshold that is hard to ignore: the national debt is now larger than the entire economy. As of the ...
Equity fund managers deal in two currencies: reality and perception. In terms of market perception, the People’s Bank of China’s devaluation of the yuan is tantamount to an earthquake. The yuan has ...
President Hugo Chávez returned to Venezuela on Monday after a more than two-month stay in Cuba for cancer surgery, but his arrival failed to dispel doubts about his health and ability to exercise ...