Last Week Today. Argentina’s stock market fell by a remarkable -48% in U.S. Dollar terms (-30% in local currency) Monday after the current reform-minded president was beaten badly by his left-wing rival in primary elections. Keep in mind this is the same Argentina that, despite defaulting on its debt eight times in the last 200 […]
Last Week Today. The trade war between China and the U.S. showed the first signs of conflating into a currency war when China allowed its currency to fall through 7 Yuan to $1 for the first time in eleven years, sparking a global equity market rout on Monday. | China’s provocation prompted the U.S. Treasury […]
On this week’s show, volatility has returned due to the ongoing trade war. Karl gives all the details. Plus, David Akright CFP, joins the show to discuss the SECURE Act. If it passes, will you be impacted?