stability
The investment landscape is a dynamic and ever-evolving space, with different asset classes rising and falling in prominence based on a myriad of factors. One of the most enduring beliefs in this sphere is the notion that ‘cash is king.’ This phrase has been used to signify the importance of having liquidity or cash on hand, especially during times of financial uncertainty. However, with a record $6 trillion in money markets, investors are beginning to question whether cash still holds its royal status. This article will delve into this debate, examining the current state of cash as an investm...
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Beijing (AFP) - The United States and China looked to set up a safety net for their intensifying rivalry during a visit to Beijing by Secretary of State Antony Blinken, but the trip achieved only general promises and no breakthroughs on hoped-for military talks and flashpoint issues. Both President Xi Jinping, who met Blinken on Monday at the end of his 11 hours of talks in Beijing, and President Joe Biden saluted the long-awaited trip as a sign of progress following months of soaring tensions. "It was clear coming in that the relationship was at a point of instability, and both sides recognis...
AFP
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