Software Squeeze Times have been tough for software vendors catering to small and medium-sized businesses, or SMBs. A tricky economic climate, with elevated inflation and high interest rates weighing on consumers, have made potential investors in the sector increasingly skeptical. Reading the Economic Tea Leaves Major players across the sector have issued cautious forecasts, including…Read more
The Buck Versus Stocks Unlike stocks, the U.S. dollar has weaken since November, and the Federal Reserve is at least partially to blame. Here’s a quick recap of how we got here: The Fed hiked interest rates aggressively to combat pandemic-era high inflation. For the past two FOMC meetings, the rates have remained unchanged, and…Read more
Presidential Plans Argentina’s President-elect Javier Milei is no fan of the peso. He wants to ditch his nation’s currency for the U.S. dollar to leave economic upheaval behind. Milei also wants to strip Argentina’s central bank from its powers. The South American country is no stranger to financial turmoil, having previously defaulted on its debt,…Read more
