Just How Bad Is Unemployment In The US?
Guest post by The Duomo Initiative. Back in January, Wilbur Ross, the US Commerce Secretary, believed that COVID-19 would accelerate the return of jobs to the US. Unfortunately, as the economy comes to a standstill, [...]
How WTI Oil Became A Game Of Hot Potato
Guest post by The Duomo Initiative. If there’s one thing we’ve learned recently, it’s that some things which start off small and local can become a global problem very quickly. With that in mind, it [...]
Betting On Britain – Is The FTSE A Good Representation?
Guest post by The Duomo Initiative. Having declined over 30% from its peak during the onset of COVID-19, the FTSE 100, like most major stock indexes, has been garnering a lot of attention. It's hardly surprising, [...]
Petro-Yuan: The Death of US Dominance?
To understand the recent situation regarding China and the oil industry, it is important to note some key points that put things into context: Oil is the most traded commodity in the world. China is [...]
Understanding the US Interest Rate Hikes
On Wednesday 21 March, the Federal Open Market Committee (FOMC) of the Federal Reserve Bank (Fed) announced they would raise the interest rates by 0.25 % to a new target range between 1.5 % and [...]
US & China Trade Tariffs: An Escalating Situation
On Tuesday 3rd April, the U.S. released its initial list of 1,333 Chinese products that would be subject to a 25% tariff of roughly $50 billion. This includes products such as raw materials, construction machinery, [...]