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If you’ve been following cryptocurrency news or news on macroeconomic developments, you’ve probably come across the term “central bank digital currency” (CBDC). What is a CBDC? A central bank digital currency is a form of digital money that’s pegged to a nation’s fiat currency (e.g. the U.S. dollar) and is backed by a central bank (e.g. the … Read more

Since mid-January, the dollar has fallen 9% against a basket of currencies, a rare and steep decline, to its lowest level in three years — a drop that raises concerns investors may be losing confidence in the U.S. Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. … Read more

Recessions are always officially declared after they have already started. In the US, the National Bureau of Economic Research (NBER) is the official arbiter of what constitutes a recession, taking into consideration different economic indicators, including growth. The organization defines a recession as a “significant decline in economic activity that is spread across the economy,” usually lasting … Read more

By Myra P. Saefong Silver missed a chance to outperform gold last month thanks to Trump’s tariff plans. Now it has another shot. President Donald Trump’s April 2 tariff announcement didn’t just shake up global stock markets, it rattled the outlook for the economy and disrupted silver’s chance to outperform gold. Silver, however, may soon … Read more