As global population grows, our energy demand grows as well. Here are the largest energy sources in the world and how much electricity they generate.
— Read on www.visualcapitalist.com/worlds-largest-energy-sources/
US bonds: Key yield curve inverts further as 30-year hits record low
A key part of the U.S. yield curve inverted even further Wednesday morning, exacerbating fears of an impending recession.
— Read on www.cnbc.com/2019/08/28/us-bonds-key-yield-curve-inverts-further-as-30-year-hits-record-low.html
The 30-year Treasury yield is now yielding less than stocks
It might bode well for stocks as investors have few other options when it comes to finding long-term yields.
— Read on www.cnbc.com/2019/08/27/the-30-year-treasury-yield-is-now-yielding-less-than-stocks.html
The US is about to send a lot more oil into an oversupplied market
The oil market is already struggling with too much supply, and the U.S. is about to flood the world with a lot more.
— Read on www.cnbc.com/2019/08/27/the-us-is-about-to-send-a-lot-more-oil-into-an-oversupplied-market.html
China economy: How PBOC controls the yuan (RMB) amid trade war
Unlike other major currencies such as the U.S. dollar or the Japanese yen, which are allowed to free float in the market, China maintains a strict control of the yuan’s exchange rate on the mainland.
— Read on www.cnbc.com/2019/08/28/china-economy-how-pboc-controls-the-yuan-rmb-amid-trade-war.html
Rich Savers Take Another Hit in Denmark as Negative Rates Spread – Bloomberg
A second Danish bank has targeted its richest depositors and announced it will impose negative interest rates on large retail accounts.
— Read on www.bloomberg.com/news/articles/2019-08-28/rich-savers-take-another-hit-in-denmark-as-negative-rates-spread
One Country, Two Systems: What Will Happen to Hong Kong in 2047? – Bloomberg
When China regained sovereignty over Hong Kong from the British in 1997, it was under an agreement to allow the city a “high degree of autonomy” for 50 years. That arrangement, known as “one country, two systems,” is almost halfway to its expiration date. Months of turmoil on Hong Kong’s streets, with hundreds of thousands demonstrating against the perceived erosion of the city’s freedoms, have sharpened the focus on one question: What will happen in 2047?
— Read on www.bloomberg.com/news/articles/2019-08-27/countdown-to-2047-what-will-happen-to-hong-kong-quicktake
UBS says it’s staying long gold as price now destined for US$1,600 – BNN Bloomberg
UBS says it’s staying long gold as price now destined for US$1,600 – BNN Bloomberg
— Read on www.bnnbloomberg.ca/ubs-says-it-s-staying-long-gold-as-price-now-destined-for-us-1-600-1.1306784
The world’s best-performing hedge fund is up 278% this year – BNN Bloomberg
The world’s best-performing hedge fund is up 278% this year – BNN Bloomberg
— Read on www.bnnbloomberg.ca/the-world-s-best-performing-hedge-fund-is-up-278-this-year-1.1307129