Globe Trek

U.S. Debt Soars Past $32 Trillion in Frenetic Issuance

News

Jul-29 , 2024

U.S. Debt Soars Past $32 Trillion in Frenetic Issuance

After successfully raising the debt ceiling, the United States has temporarily averted the risk of defaulting on its debt. However, this also means that the United States will no longer be restricted ...

"70% Yuan Settlement: Sino-Russian Trade to Surpass $200B"

News

Jul-20 , 2024

"70% Yuan Settlement: Sino-Russian Trade to Surpass $200B"

The European and American sanctions against Russia have led to an unexpected outcome. Facing the financial and other sector sanctions from Western powers, the Russian economy was bound to suffer a sev...

Fed: Rate Cuts May Continue if Inflation Keeps Falling

News

Jul-15 , 2024

Fed: Rate Cuts May Continue if Inflation Keeps Falling

The Fed's Interest Rate Cut: How the Economic Game Behind the 50 Basis Points Change the Future? Introduction: The Complexity and Uncertainty of the EconomyWhen the Federal Reserve announced on Septem...

News

Jun-26 , 2024

Tesla's 27%+ Surge in 10 Days

The U.S. stock market in 2024 is shining brightly! The U.S. stock market has always been said to be led by technology and supported by consumption. Among them, the constituents of the S&P 500 Consumer...

U.S. Oil Exports Surge, Will Oil Prices Rise?

News

Jun-22 , 2024

U.S. Oil Exports Surge, Will Oil Prices Rise?

U.S. crude oil is "attacking and capturing territory" everywhere, with spot prices for crude oil falling from Europe to West Africa.The new surge in U.S. oil exports has once again lowered the spot pr...

U.S. Manufacturing PMI Sparks Inflation Alarm; Gold Dips Over $30 from Peak

News

Jun-18 , 2024

U.S. Manufacturing PMI Sparks Inflation Alarm; Gold Dips Over $30 from Peak

Two mixed manufacturing PMI reports point to a worrying theme: skyrocketing prices!On Monday, U.S. manufacturing activity unexpectedly expanded in March for the first time since September 2022, as pro...