China has one big weapon in the ongoing trade war with the United States — selling off its massive holdings of U.S government debt. Here’s why the so-called nuclear option could hurt China as much as the United States.
— Read on www.cnbc.com/2019/05/24/us-china-trade-war-how-china-could-weaponize-us-debt.html
JP Morgan slashes second-quarter GDP forecast to just 1%
J.P. Morgan economists say they now see a much slower economy in the second quarter, with growth of just 1%.
— Read on www.cnbc.com/2019/05/24/jp-morgan-slashes-second-quarter-gdp-forecast-to-just-1percent.html
Here are 5 affordable, beautiful places to retire abroad
You don’t need a million dollars to live a luxurious retirement, so long as you’re willing to leave the U.S. behind. International Living, a website for expatriates, is out with a list of “5 Places to Live Like a Movie Star, Without Their Bank Balance.”
— Read on www.cnbc.com/2019/05/24/here-are-5-affordable-beautiful-places-to-retire-abroad.html
Ranked: The Richest Countries in the World
These countries hold 74% of the world’s $204 trillion in private wealth. See the 10 richest countries, and how their totals have changed over time.
— Read on www.visualcapitalist.com/richest-countries-in-world/
Assembling the World Country-by-Country, Based on Economy Size
How does the world map change if it gets assembled based on the size of economies, in ascending order of GDP or GDP per capita?
— Read on www.visualcapitalist.com/assembling-world-country-gdp-capita/
Infographic: How Much Oil is in an Electric Vehicle?
It is counterintuitive, but electric vehicles are not possible without oil – these petrochemicals bring down the weight of cars to make EVs possible.
— Read on www.visualcapitalist.com/how-much-oil-electric-vehicle/
Assembling the World Country-by-Country, Based on Economy Size
How does the world map change if it gets assembled based on the size of economies, in ascending order of GDP or GDP per capita?
— Read on www.visualcapitalist.com/assembling-world-country-gdp-capita/
Buffett’s formula is still working, if you know where to look – MarketWatch
Ignore one-year returns to find Berkshire Hathaway’s true performance.
— Read on www.marketwatch.com/story/buffetts-formula-is-still-working-if-you-know-where-to-look-2019-05-22
Nearly 25% of Americans are going into debt trying to pay for necessities like food
A recent survey found that 23% of Americans say that paying for basic necessities such as rent, utilities and food contributes the most to their credit card debt.
— Read on ca.finance.yahoo.com/news/nearly-25-americans-going-debt-130010091.html
Trump Wields More Powerful Weapon Than Tariffs in Trade War
The Trump administration is seeking to choke off Beijing’s access to key technologies by limiting the sale of vital U.S. components to China’s Huawei Technologies Co. The U.S. is considering putting at least five Chinese surveillance companies on the same blacklist. The moves are part of a bigger effort
— Read on ca.finance.yahoo.com/news/trump-wields-more-powerful-weapon-172641613.html