By Vukan Ljubojevic | TH3FUS3 Senior Writer
China has been offloading substantial amounts of U.S. Treasuries and agency debt, reaching $74 billion in the last seven months. This trend signifies a shift in China's global investment patterns amid escalating geopolitical tensions. U.S. President Joe Biden has responded by imposing higher tariffs on Chinese imports.
Jamie Dimon said many economic indicators are still favorable, but the world must remain alert to 'uncertain forces'
Amid escalating geopolitical tensions and the looming possibility of US interest rate cuts, gold's price has surged to unprecedented levels