In the Strait of Hormuz, the traditional power of the dollar is collapsing in the face of Tehran’s resilience and the new geopolitical balances. Meanwhile, eight indices reveal how the US’s most important economic weapon has lost its effectiveness, signaling the end of an era of undisputed hegemony. In particular, as OPEC members have long …
Tag: indices
From New York and London to Tokyo… all indices at all-time highs
From New York to London to Tokyo, there is one commonality among global stock markets: record highs. Of the world’s 20 largest stock markets, 14 have reached all-time highs recently. The MSCI ACWI index, which tracks developed and emerging markets, is setting one record after another. In the US, the S&P 500 and Nasdaq 100 …