The Buck Versus Stocks Unlike stocks, the U.S. dollar has weaken since November, and the Federal Reserve is at least partially to blame. Here’s a quick recap of how we got here: The Fed hiked interest rates aggressively to combat pandemic-era high inflation. For the past two FOMC meetings, the rates have remained unchanged, and…Read more
Presidential Plans Argentina’s President-elect Javier Milei is no fan of the peso. He wants to ditch his nation’s currency for the U.S. dollar to leave economic upheaval behind. Milei also wants to strip Argentina’s central bank from its powers. The South American country is no stranger to financial turmoil, having previously defaulted on its debt,…Read more
Where Are You Staying? That question is becoming harder and harder to answer. It’s no longer just Hyatt (H), Hilton (HLT), or Marriott (MAR). Hyatt has 14 separate hotel brands. Hilton has 22. And Marriott has 32 — enough to inspire a viral bingo game. Hotel chains are rolling out these seemingly endless sub-brands in…Read more
