Financial Highlights from the Recent Week You Should Know About:
- CAPITAL MARKETS:India’s US Treasury Holdings at 5 Year Low As the US continues to damage its global reputation and trust, countries are offloading their US Treasuries, the latest being, India. India saw a ​26% drop in US Treasury holdings​ from its peak.
- COMMODITIES: Commodities On Hottest Tear We know gold and silver have been on surging to incredible highs, but not just these metals, platinum, tin, nickel and ​copper​ have all been on heading skywards. As investors have been rushing to buy physical commodities in the current market chaos as investors seeking safety.
- CREDIT: US Banks Looking at Ways to Cap Credit Card Interest Bank of America and Citigroup have been ​looking at ways​ to cap credit card interest rates at 10% as mandate by the US President. While JPMorgan CEO, Jamie Dimon, is skeptical of such a cap.
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