Dominant Dollar The U.S. dollar is the world’s reserve currency. But the share of global foreign exchange currency reserves held in U.S. dollars is at a 25-year low. That might sound drastic — but it doesn’t mean the dollar’s dominance is in contention. De-Dollarization In the second quarter of 2023, the share of U.S. dollar…Read more
Bounce Back After five consecutive months of rising retail sales, it’s clear that American consumers aren’t afraid to treat themselves, even in an uncertain economic landscape. Discretionary spending is bouncing back from its pandemic slowdown, helped, in part, by high prices that keep sales chugging along. And that’s just it: Higher prices mean Americans are…Read more
Beyond Streaming The world’s largest streaming platform, Netflix (NFLX), is once again looking beyond streaming for profits. Its latest focus: fan experiences and merchandising. The one-time DVD rental service is no stranger to pivoting. Netflix initially built its streaming platform primarily by licensing other studios’ content. But now the company owns a large library of…Read more
