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Saudi Arabia’s rise into a $1.3 trillion economic powerhouse is a story of astronomical growth, especially considering the country had a nominal GDP of literally less than $2 billion in the early 1960s, The Kingdom has successfully capitalized on historic oil windfalls to aggressively fund its non-oil sectors, which now generate over half of its total economic output. Through the engine of its Public Investment Fund (PIF), sweeping regulatory updates, and the launch of futuristic giga-projects l
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Macro fund traders cover a lot of ground for one reason. They are trying to avoid overtrading a small area. The number of things you watch is the number of real opportunities you get. Four indicators on a couple of tickers produces one or two authentic trades a year. Either you wait twelve months for the next clean setup, or you force trades that are not there. Most people force it and end up losing money. The fix is breadth. Cross-asset pairs, calendar spreads, breadth ratios, funding indicator
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A Social Security trust fund is now expected to run short of cash by 2032 — three months sooner than projected last year. That leaves lawmakers with less time to make change to prevent tens of millions of seniors from facing an automatic benefit cut of 22%. Check out NPR News Now wherever you listen to podcasts for more of today’s news.
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