RVN/JPY

In our October 2024 Cyclical Outlook, “Securing the Soft Landing,” we said the U.S. economy, like others, appeared poised for a rare soft landing – moderating growth and inflation without recession. We said DM economies appeared on track to return to target inflation levels in 2025. We saw risks stemming from the U.S. election and persistently high ...

Bitcoin is the world's largest cryptocurrency. Its market capitalization of $1.8 trillion represents more than half the value of all cryptocurrencies in circulation, which currently stands at $3.4 trillion. Bitcoin soared by 120% during 2024, and a significant portion of that gain was generated after Donald Trump's U.S. election win on Nov. 5. The ...