World Economy – Page 6

Gold reserves China and Russia: a threat to US dominance

10 January 2018 by admin

oro Report Wall Street Italia
The mountain of gold accumulated by China and Russia it is part of the two countries' strategy to distance themselves from international trade denominated in US dollars. This is the opinion of the precious metals expert Ronan Manly at BullionStar, than in an interview on the site RT explained that it is possible that the two countries are accumulating gold to tie their currencies to the precious metal and thus weaken the global dominance of the US dollar.

“China and Russia have accumulatedo aggressively their gold reserves in the last few 10 – 15 years“, he said, adding that just a decade ago the reserves of each of the two countries were around 400 tons. “Ora both countries hold overall 3.670 tons of gold” explained Manly, adding that “It is interesting to note that both Russia and China make their gold reserves public and refer to the precious metal as a strategic monetary asset. On the opposite front, Instead, the United States constantly downplays the strategic role of gold. “

Actuality | World Economy

Dalio: “Recession would foment riots in the US”

5 January 2018 by admin

Reporting of Wall Street Italia

Of Daniele Chicca

In the event of an economic recession in the United States, there is a risk of worsening social tensions, with the first economic and geopolitical power in the world that could witness riots and revolts. That's what he fears Ray Dalio, manager of the large fund from 150 billion dollar Bridgewater Associates.
In a country that was the scene of the protests of Occupy Wall Street against the so-called 1% of the privileged population, in a context of stagnant wages and tax cuts for multinationals and the rich, some sections of the population would in fact feel relegated to the margins.
The country has never been as polarized as it is since a controversial president was elected Donald Trump. Furthermore, as the manager points out hedge fund largest in the world, il 60% of families do not emerge advantaged from the maxi tax reform which increases the deficit and rewards the wealthiest. If the economy slows down there will be trouble.

If the United States falls into a recession, the problems would not be limited only to the economic field: “If we suffer a slowdown in the expansion phase of the economy”, says Dalio in an interview with Wall Street Journal, “I'm afraid that we will jump on each other“.
Source: http://www.wallstreetitalia.com/fondo-hedge-recessione-causerebbe-rivolte-in-usa/?utm_source=newsletter&utm_medium=email&utm_campaign=Newsletter:+WallStreetItalia&utm_content=04-01-2018+dalio-recession-would-foment-riots-in-usa+close-up

Actuality | World Economy

Emerging markets: who will take flight in the 2018

4 January 2018 by admin

Purses: Tokyo is close to almost two-year highs Report Wall Street italia
Of Mariangela Tessa
Singapore and Taiwan are probably the most interesting investment opportunities in the 2018. He is convinced of it Jason Pidcock, manager of the Jupiter Asia Pacific Income fund (SICAV), which in a note today highlights how the two countries will benefit from the long-term structural growth of sectors such as travel, turismo, entertainment or healthcare. The manager added that technology hardware production will likely remain a key driver for the region.

“Over the next twelve months, earnings and dividend growth are likely to continue across the region and the political landscape is expected to be more stable”says the manager in a note, specifying the two countries are interesting both from the point of view of valuations and from the point of view of solid balance sheets

From a macro point of view, Pidcock points out that: Read More

World Economy

It starts badly 2018 del Bitcoin: prices below $14 mila. Stockman: “it will end in a huge crash”

3 January 2018 by admin

Reporting of Wall Street Italia
Of Mariangela Tessa

Focus markets: the hot topics of the moment -14/12

It starts badly 2018 for Bitcoin. In yesterday's trading, the queen of cryptocurrencies extended losses from the record of $19,511 touched last 18 December. According to Bloomberg data, yesterday the virtual currency fell below the threshold of 14 thousand dollars (-4,8% from Friday) a $13,624.56.
Meanwhile, criticism of the cryptocurrency boom that has been going on for a year continues unabated, il 2017, da record. In an interview with CNBC, David Stockman, former Director of the US Office of Management and Budget, He warned investors that the spectacular growth in cryptocurrency prices will end badly. Actually very bad.
Stockman has not held back his criticism of those who invest in these assets, calling them “stupid speculators convinced that trees grow up to the sky”.
Per Stockman, Bitcoin fever will end with a “spectacular crash”. But Stockman's negative prophecies do not only concern Bitcoin but also extend to stocks. Repeating what was already stated last September, when he anticipated a collapse between the 40 and the 70%, the economist said he expected “a huge storm will eventually overwhelm stocks”.
Source: http://www.wallstreetitalia.com/parte-male-il-2018-del-bitcoin-prezzi-sotto-14-mila-stockman-finira-con-un-enorme-crash/?utm_source=newsletter&utm_medium=email&utm_campaign=Newsletter:+WallStreetItalia&utm_content=02-01-2018+parte-male-il-2018-del-bitcoin-prezzi-sotto-14-mila-stockman-finir-con-un-enorme-crash+primo-piano

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