Joe Biden

May 24, 2023
Ultimate gift for China if US defaults  premium
Should the US fail to raise the debt ceiling and default on its financial obligations, it would be the ultimate gift to China.  President Biden held talks on Tuesday with House Speaker Kevin McCarthy, yet after an hour, McCarthy said both sides remained far apart on reaching an agreement to lift the debt ceiling. However, he added: "It is possible to get a deal by the end of the week. It's not that difficult to get to an agreement." Biden has previously also stated he Read More
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April 2, 2023
USD dominance is declining – investors need to be watchful premium
The dominance of the US dollar is falling as Russia and Saudi Arabia look to the Chinese yuan for oil trade. Indeed, a change in how global oil trading is undertaken will have major implications for economies and, as such, investors across the world. As I was quoted by MSN, Financial Express, Mena FN and Value Walk, amongst other media, one of the most important conclusions of the three-day summit between Russia’s Vladimir Putin Read More
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March 10, 2022
Biden’s crypto executive order shows value of Bitcoin premium
President Biden’s executive order on crypto shows the true value of Bitcoin and digital money. Issued on Wednesday, the executive order directs the Justice Department, Treasury and other departments to study the legal and economic repercussions of creating a U.S. central bank digital currency (CBDC) and overseeing the crypto market. Previously, U.S. Treasury Secretary Janet Yellen inadvertently published details prematurely of how the Treasury is planning to respond to the Read More
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Tax
April 23, 2021
Ireland should oppose U.S. and OECD led calls for global corporation tax rate premium
Ireland should push back against a minimum global corporation tax rate that may become a masterclass in the law of unintended consequences. As Paschal Donohoe, Ireland’s finance minister indicates, the country will resist attempts to amend the global tax system. Following several years of talks with the Organisation for Economic Co-operation and Development (OECD) and around 140 countries, its now says it hopes to reach an agreement by the middle of this Read More
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January 19, 2021
Investors: make the most of the “Biden Bounce”, but do it cautiously premium
As Joe Biden’s presidential inauguration looms, investors should ride the “Biden bounce” in the markets this week. But they must do it prudently. As president-elect Biden readies to becomes the 46th president of the United States on Wednesday, we’ve seen the best stock market performance between the election and the inauguration for any president for at least 50 years. History has taught us that we can expect the market to have a favourable Read More
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