Economic Insight

McDonald: The dramatic decline in the pound is a colossal deal

Larry McDonald, editor of the “Bear Traps Report,” discusses the ripple effect created by the slide in the British pound on corporate earnings, the Fed’s thinking and the US dollar.

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Pound Volatility to Increase on Court Ruling: Morgan Stanley

Sep.24 — Andrew Sheets, chief cross-asset strategist at Morgan Stanley, discusses the outlook for the pound and Brexit following the U.K. Supreme Court ruling that Prime Minister Boris Johnson’s suspension of Parliament was unlawful. Tim Bale, professor of politics at Queen Mary University of London, also speaks on “Bloomberg Surveillance.”

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British Pound Likely to Head Lower, Strategist Borish Says

Jul.29 — On this edition of “Charting Futures,” Quad Group Chief Strategist Peter Borish examines the plunge in the British pound with Bloomberg’s Abigail Doolittle on “Bloomberg Markets: The Close.”

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Guyana hopes oil will bring wealth – not corruption and crisis

With ExxonMobil set to begin oil production in Guyana next year, this tiny South American country will soon become unthinkably rich. But neighboring Venezuela shows how an oil boom can go bust.

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Brexit: why the pound is under pressure

FT’s Katie Martin explains the weak pound is mainly down to no-deal Brexit worries and sterling’s two-year low against the dollar and euro will affect holidaymakers looking forward to trips abroad this summer.

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How Anti-Fragile are you?

I arrived back home to Puerto Rico late last night after traveling back from our Total Access event in Las Vegas. It was probably around 11:15 pm when I climbed into bed. And, within minutes, just as the sound of the waves outside was carrying me off to sleep, the whole house started violently shaking. […]

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