Tag: China

The Fed’s Dilemma and How It Affects Your Investments

It has been a wild couple of days since the Fed cut interest rates by 0.25% at their July 31st meeting. As the market was struggling to interpret Jerome Powell’s intentions, President Trump helped ensure the next rate cut by announcing a new round of 10% tariffs on the remaining $300 billion of Chinese imports. Followed by China allowing its currency (the Yuan) to fall below 7 CNY to 1 US Dollar, a key psychological… Read More