On every Friday, we'll bring you noteworthy articles that affects your investments.
He argues that the Federal Reserve jumped the gun. By indicating that they're thinking about paring back bond purchases, the Fed effectively drove long term interest rates higher at a time when the economy still needs it.
In China, not everyone can get a loan from a proper bank. As a result, many Chinese businesses turned to alternative institutions to borrow money. Now, there are fears that the shadow banking system is under stress.
Many economic numbers beat estimates, leading some to think that the U.S. economy is doing better than they thought.
It's now down to below $1,200 an ounce, down from $1,400 just a month ago, and a far cry from $1,900 we saw 2 years ago.
Here was a popular trade among wall street traders: borrow U.S. dollars cheap, and invest in emerging markets. Now that interest rates on those borrowed money are going up, we're seeing the reverse effect in a hurry.
Apparently, the answer is no. The author makes some compelling arguments.
Do you have some questions after reading any of the articles? Leave me a comment, and I'll think about doing a more in-depth article.
Have a great weekend.