Free food is handed out by the Brooklyn community organization PASWO during a weekly food distribution on December 08, 2021 in New York City. Spencer Platt | Getty Images Spurred by a massive inventor...
Tag: Interest Rates
Small Data Sample Shows Big Potential
Piggy bank with golden coins and gold ingots, 3D rendering getty In my most recent article “A return to regular order” (A Return To Regular Order? (forbes.com), I outlined how, given our current macro...
History Says Federal Reserve-Induced Stock Rout Won’t Last
TOPSHOT – Peter Tuchman, floor trader, reacts as he works on the floor during the opening bell on … [+] the New York Stock Exchange on March 9, 2020 in New York. – Trading on Wall St...
The Transformation of Spanish University Is Being Financed Outside of Spain
L’Auberge Espagnole is a Cedric Klapisch movie from 2002 that is a joy to re-watch every few years. Starring Romain Duris and Audrey Tautou most notably, the excellent film (eventually made into a tri...
The Fed uses one inflation gauge as its North Star. Here’s why
Federal Reserve Chairman Jerome Powell speaks during his re-nomination hearing before the Senate Banking, Housing and Urban Affairs Committee on Jan. 11, 2022 in Washington. Brendan Smialowski-Pool/Ge...
Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983
A gauge the Federal Reserve prefers to measure inflation rose 4.9% from a year ago, the biggest gain going back to September 1983, the Commerce Department reported Friday. The core personal consumptio...
Fed rate hikes are coming — how to tackle your savings, mortgage, car payments and credit-card debt in advance
Wall Street investors and Washington D.C. lawmakers are closely listening to what Federal Reserve Chairman Jerome Powell says Wednesday about the central bank’s next steps in its fight against decades...
Why the stock market hates the idea of rising interest rates
Traders work on the floor of the New York Stock Exchange at the opening bell Jan. 25, 2022. TIMOTHY A. CLARY | AFP | Getty Images The specter of rising interest rates is spooking the stock market. The...
Fed Tees Up March Hike, But What’s Next?
WASHINGTON, DC – JULY 17: Federal Reserve Board Chairman Jerome Powell testifies during a hearing … [+] before the Senate Banking, Housing and Urban Affairs Committee July 17, 2018 on Capi...
Federal Reserve points to interest rate hike coming in March
Facing both turbulent financial markets and raging inflation, the Federal Reserve on Wednesday indicated it could soon raise interest rates for the first time in more than three years. In a move that ...
Here’s What to Watch as the Fed Gets Set to Raise Rates and Shrink Balance Sheet
Anxiety is high as the Federal Reserve wraps its first meeting of the year. Will the central bank abruptly end its emergency bond-buying program ahead of schedule? Are more rate increases in store, an...
Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month
Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat i...
Real estate billionaire Sam Zell says office space will recover ‘much faster’ than retail
Demand for office space is likely to rebound from depressed Covid pandemic levels long before retail properties, property billionaire Sam Zell told CNBC on Tuesday. “Everything between the top m...
Opinion: Thankfully, the Fed has decided to stop digging, but it has a lot of work to do before it gets us out of hole we’re in
NEW HAVEN, Conn. (Project Syndicate)—The Federal Reserve has turned on a dime, an uncharacteristic about-face for an institution long noted for slow and deliberate shifts in monetary policy. While the...
‘Market Jitters’ Have S&P 500 Flirting With Correction Territory, Dow Falls 300 Points
Topline Stocks plunged on Tuesday amid surging market volatility—a day after the three major indexes mounted an historic comeback from steep losses—as investors remain nervous about surging rates and ...
The Federal Reserve is likely to signal a March rate hike
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
As stock market plunges, a star money manager says the Fed is making a mistake by focusing on rates. Here’s what Scott Minerd says it should do instead.
The Federal Reserve is under the gun as the market plunges ahead of its first rate-setting meeting of 2022, and at least one star money manager says that the central bank could be making a policy erro...
Growth slowdown to spark 10% stock plunge, Morgan Stanley warns
Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dang...
5 things to know before the stock market opens Monday, Jan. 24
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street to open lower after Nasdaq’s worst week since March 2020 Traders on the floor...
Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says
U.S. Federal Reserve Board Chairman Jerome Powell attends his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. ...
Netflix Stock Crashes As Nasdaq Has Worst Week Since October 2020
Topline The stock market fell on Friday as the sell-off in tech stocks intensified after Netflix posted lackluster earnings—with the Nasdaq Composite falling deeper into correction territory and posti...
The 60/40 portfolio ‘is in danger’ as Federal Reserve gears up for a rate-hike cycle in coming months
The traditional portfolio mix of 60% stocks and 40% bonds, historically seen as the safest allocation for investors of moderate-risk tolerance, “is in danger” as the Federal Reserve gears up for its f...
Stock Market Sell-Off Continues As Rates Surge, Goldman Sachs Falls 8%
Topline The stock market plunged on Tuesday after Goldman Sachs reported disappointing quarterly earnings—continuing a trend of lackluster bank results, while surging government bond yields hit two-ye...
Opinion: The Fed is determined to stop wages from rising
AUSTIN, Texas (Project Syndicate)—Federal Reserve Chair Jerome Powell has now committed to putting monetary policy on a course of rising interest rates, which could boost the short-term rate (on feder...