Savings hall: seven routes to defend the wallets and make them grow (despite the storm) on « The economy » on newsstands with the « courier »

Will the dollar still be the reference currency on the global market despite the intemperances of Donald Trump? To respond to this part, the analysis of Ferruccio De Bortoli and Brunello Rosa on the economy on newsstands on Monday 14 April with Corriere della Sera. The American commercial imbalance is the eternal question that feeds the deficit of the public coffers. As in the 1985 Plaza Agreement, the Tycoon-President would like to pilot the tree-on-off card making the finances of the state more sustainable. « The per capita debt of an American citizen – recall De Bortoli and Rosa – is twice the Italian one and three times the average of the European one and the per capita income is also largely higher. From this massive discrepanza the US commercial deficit was born, certainly not as a phantom rip -offs by surplus countries in current matches « . To straighten these accounts, the maneuver begins on the duties, then suspended for the reactions of investors and markets.
Powell did well to resist Trump’s pressure. He contributed to making the tariff moratorium inevitable and saved the credibility of the only institution, the Federal Reserve, not touched by the crisis. Everything OK? Just not. Because the US currency risks no longer being the global reference and the Fed hesitates to cut the cost of money.

Tiffany and Ferrari

The section dedicated to companies starting with the cover history dedicated to Anthony Ledru, Tiffany’s CEO. The high jewelry brand of the LVMH group opens its largest European shop under the Milan Cathedral: a flagship store which is also an art gallery, with an investment according to the iconic The Landmark in New York. CEO Ledru: «Here an extraordinary potential. We focus on the hyper luxury and on unique pieces ». Ten new spaces are coming, from Paris to London and Tokyo.
Fabio Pompei, CEO of Deloitte Italia, traces a strategic line for exporting Italian companies. « In the storm, companies not only can mitigate the effects of the protectionist thrusts, but also to seize new growth opportunities » says the CEO of the Italian branch.
Ferrari looks to the future with Benedetto Vigna: from 2021 driving the Cavallino, prepares the launch of the first electric car: «It will behave like the real cars of Maranello. My merits? Direct relationships, courage to innovate and technical and business vision ».

The three days of Assogestioni al Mico

On Tuesday 15 April the Salone del Risparmio opens, the event promoted by Assogestioni which brings together in Milan, in the spaces of the Mico, operators, institutions and savers until April 17. With the economy a special twenty pages, with analysis, interviews and the map of the seven thematic itineraries of the event. Jason Zweig, the editorialist of the Wall Street Journal who signs the column The Intelligent Investor, tells what are the emotional errors to avoid when you go to the markets, while Jesùs Cocegrùs, the guru of the videogames to which one of the opening speechs of the salon is entrusted, explains how the digital game tool can be used to promote financial education.