News
Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Al JazeeraCanada’s Carney secures deal for pipeline to expand oil exports beyond US·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·SCMPChina signals openness to reducing gaping EU trade surplus as Brussels toughens stance·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·SCMPWhen and how will China ease capital controls?·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Al JazeeraCanada’s Carney secures deal for pipeline to expand oil exports beyond US·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·SCMPChina signals openness to reducing gaping EU trade surplus as Brussels toughens stance·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·SCMPWhen and how will China ease capital controls?·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·

Savings Impact Calculator

Choose a country to see how local inflation erodes your savings — and how alternatives compare.

Savings Impact Calculator

$
Holding cash in USD2.9% inflation
$865−$135 (14% purchasing power lost)
Your $1,000 buys 14% less in 5 years
What if you invested $1,000 instead? (5yr, in USD terms)
Hold USD Cash
$859
−$141
−3%/yr US inflation
S&P 500
$1611
+$611
range: $734–$3176
~10%/yr (long-run avg) · ±16% vol
Gold
$1469
+$469
range: $418–$4007
~8%/yr (5yr avg) · ±24% vol
Bitcoin
$3052
+$2052
range: $180–$18.4k
~25%/yr (5yr avg) · ±54% vol

All values in USD. Returns are period-adjusted historical averages. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.