For the last decade, the U.S. dollar has reigned supreme as the world's reserve currency. Central banks currently hold 63 percent of their foreign reserves in dollars. The euro comes in a distant second at 20 percent. The yen and the pound come next, at just under 5 percent each, trailed by the Canadian dollar's 2 percent share. Geopolitical change has many Wall Street strategists preparing for a rise in the euro's reserve-currency status. As a result, they expect a trend of the euro rising in relation to the dollar. U.S. … [Read more...] about As Trade War Heats Up… Biggest Currency Whales Make Their Move
Global Investments
Scams and Frauds in Canadian “Exempt Markets” On the Rise
Without a doubt every year, thousands of Canadians fall victim to fraud, losing millions of dollars. This has been particularly rampant in “exempt markets” that constantly suffer from abuse, as regulators say rule-breaking is common and warn that fraudsters or unscrupulous dealers can twist the exemptions to draw in more modest retail investors. The irony is that while most don't think it could happen to them but fraudsters have used sophisticated ways to target people of all ages. History has proven that the impact of fraud on individuals, … [Read more...] about Scams and Frauds in Canadian “Exempt Markets” On the Rise
Celebrating 62 Years
Davenport Laroche is celebrating 62 years since the maiden voyage of IdealX and the birth of container shipping investments -Davenport Laroche, the world's leading shipping container investment company … [Read more...] about Celebrating 62 Years
HEDGING STRATEGY AGAINST INFLATION
Inflation is here to Stay Most European Union (EU) residents are forced to work extra hard for their money in this tough, demanding and highly competitive business climate. Today’s troubled EU region has made it more important than ever for them to protect those hard-earned euros they’ve been able to save and invest for the future. Whether their retirement nest egg is a thousand euro’s or a hundred thousand or more, it has never been more important for them to protect their funds from various economic uncertainties such as higher taxes and … [Read more...] about HEDGING STRATEGY AGAINST INFLATION