-
Dollar-won rises despite U.S. shutdown issue
1) Dollar-won rises despite U.S. shutdown issueLast night, the dollar-won exchange rate (REGN) closed near 1403 won, up about 3 won from the previous day, despite a modest weakening of the dollar. The won is relatively weak due to uncertainties related to investment negotiations in the U.S. and demand for settlement. Baek Seok-hyun, an economist…
-
The end of a 30-year fixed-rate mortgage? What shock will Trump’s privatisation of GSE have on your house price?
🚨 The end of a 30-year fixed-rate mortgage? What shock will Trump’s privatisation of GSE have on your house price? The foundations of the U.S. housing market are faltering. The Trump administration announced plans to raise $30 billion through the privatization of Penney May and Freddie Mac, and the shares of the two companies soared…
-
A ‘shocking secret’ that the global economy survives despite Trump’s tariff bomb
🌪️ A ‘shocking secret’ that the global economy survives despite Trump’s tariff bomb The global economy is growing by 2.4% even as Trump hits all-time tariffs, even with an effective tariff rate of 20.6%, the highest level since 1910. 😱 How on earth is this possible? 🎯 Real reason: Companies changed the ‘rules of the…
-
The global bond market is collapsing right now
🚨 The global bond market is collapsing right now The 40-year “alternative period” is over. The U.S. 30-year Treasury yield is 5.01% and Japan’s 30-year Treasury yield is 3.195% at an all-time high. What’s more shocking is that Japan’s 10-year Treasury bond yield has soared 49% (price has fallen) over the past year. 🤔 Why…