Maria Andretti, Author at bwcevent.com

The U.S. Treasury was in the process of delivering physical stimulus checks, when at the same time, the PBC (Peoples Bank of China) began beta testing of its new digital currency. Economists in the future may very well look at these two events as the start of the digital currency era. Up until last August, […]

The coronavirus pandemic has made this a wild and wonderful year for Wall Street and investors. The panic caused by the virus at first sent the broad-based S&P 500 lower by a staggering 34 percent in a matter of a little over a month. It took a scant 17 days for the index to drop […]

Berkshire Hathaway, led by Warren Buffet, the “Oracle of Omaha,” is reducing its dependence on the United States economy. After the Federal Reserve announced its intention to drive up inflation, Berkshire Hathaway invested in excess of $6 billion in five of the largest trading companies in Japan; Marubeni Corporation, Mitsubishi Corporation, Mitsui & Co. Ltd., […]

Central bank digital currencies are essentially a cryptocurrency issued by a government. This digital representation of the country’s fiat currency is designed to replace physical, fiat currencies. The implementation of CBDC requires the issuing central bank to make several critical decisions. Perhaps the most crucial decision is whether the digital currency will be made available […]

The 2020 United States Presidential Election will feature an outspoken incumbent, an ex V.P., and unprecedented social and geopolitical events. The outcome of the election will profoundly influence global financial markets. An asset that may be impacted most heavily is the USD, United States Dollar. How will the dollar fare after November 3rd? A lot […]