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13 Financial Pros React To Emergency Interest Rate Cut: More Stimulus Needed?
Monday, March 16, 2020 - 1:18pm | 1304On Sunday, the Federal Reserve issued its second emergency interest rate cut of March, slashing its fed funds target range by 1% to between 0% and 0.25%. In addition to the rate cut, the Fed announced a new $700 billion quantitative easing program. On Monday morning, the Federal Reserve said it...
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'No End In Sight:' Boris Johnson's Brexit Prep Breaks The Pound, No-Deal Scenario Likely
Thursday, August 1, 2019 - 4:24pm | 741Britain’s new Prime Minister Boris Johnson is standing by his promise that the U.K. must leave the European Union by Oct. 31 — with or without a deal in place. Capital Economics' chief markets economist John Higgins said much has been made of sterling’s...
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Make Mine Mauritius: DeVere Group Opening Investment Banking Branch In Paradise
Friday, April 21, 2017 - 10:11am | 443Consider what Mark Twain once said about Mauritius, an idyllic archipelago in the Indian Ocean about 1,200 miles east of southern Africa: “Mauritius was made first, and then heaven; and that heaven was copied after Mauritius.” Here's the take by Nigel Green, founder and CEO of the...
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Greece Is Bad, But China Is Much Worse
Thursday, July 9, 2015 - 4:33pm | 425While the uncertainty over the fallout from a potential Greek exit from the Eurozone continues to draw the attention of global markets, the head of the world’s largest independent financial consulting firm believes that China is the true cause for concern. In a new article, deVere Group...
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The Grexit And Why 'We're About To Witness The Return Of Drachma'
Sunday, June 21, 2015 - 11:07am | 570Investment advisory deVere Group has over 80,000 clients located in 100 countries around the globe. However, comments by International Investment Strategist Tom Elliott were laser focused on one investor issue: the economic fallout from a Greek debt default. Elliot didn't pull any punches,...
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3 Retirement Tips To Consider In 'The Era Of Personal Responsibility'
Thursday, December 11, 2014 - 2:39pm | 797“No longer can the government and agencies be relied upon to financially support us in retirement as they have done for previous generations,” founder and chief executive Nigel Green of deVere Group has warned in a release circulated today, December 11. Occurring at the cusp of a...