Lehman Brothers

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Goodbye 2022. Hello 2023

2022 Events Mid-November 2022, the World Population surpassed 8 Billion, according to the United Nations. Wow! What a statistic! 2022 has been a tumultuous year on so many levels: FINANCE & STOCK MARKETS The US Federal Reserve has continued its aggressive rate hikes throughout the latter part of 2022, with several 0.75% increases and a …

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The Nixon Shock And The Closing Of The Gold Window

Richard Nixon, the 37th President of the USA. Nixon had the rather unsavoury task of announcing to the world that the US Dollar would no longer be backed by Gold. Taking effect the following day. Thus ended the Bretton-Woods Economic Era which had started in 1944. 27 years of existence. Obviously, the US DOLLAR did …

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