News list for "Asset plunge"
Jeffrey Jaensubhakij, a former group chief investment officer at the Government of Singapore Investment Corporation (GIC), said the Fed could resort to quantitative easing (QE) measures if risky assets such as U.S. stocks collapse. "If they are really in a bubble and they burst - will the Fed really implement an exponentially enhanced version of QE? I think that could happen...
On July 10, Trump threatened to impose a 50% tariff on Brazilian goods, causing the Brazilian currency to plummet. The Brazilian real fell nearly 3% against the dollar, while the US-listed iShares MSCI Brazil ETF fell nearly 2% in after-hours trading. Brazil was the first country to receive the letter but has no trade surplus in goods with the US, which is Brazil's second-largest trading partner, and such high tariffs could cause significant damage to some industries in the South American countr...
