JPMorgan Chase CEO Jamie Dimon raised concerns about the economy sliding into a recession yet again on Tuesday. While the U.S. economy continues to be the strongest globally, rising interest rates and...
Tag: Money Supply Figures
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under co...
Jeremy Siegel on Why Today’s Inflation Is Different From the 1970s
Illustration by Elias Stein Text size This isn’t a rerun of the 1970s, argues Jeremy Siegel, the author of the seminal Stocks for the Long Run and a professor emeritus of finance at the University of ...
Bitcoin’s Price Isn’t Done Falling. How It Could Drop to $10,000.
Text size Stifel’s top equity strategist thinks Bitcoin prices could sink to $10,000. Dreamstime.com The bull case for Bitcoin is that it powers up to $100,000, from recent prices around $43,000...
The Fed Is Ignoring the Money Supply and Letting Inflation Rip
Text size Farmers descended on Washington to protest high interest rates in 1979. Charles Harrity/AP/Shutterstock About the author: Robert Heller is a former member of the Federal Reserve Board of Gov...
Opinion: The Fed must boost rates by a full percentage point at every meeting to bring down inflation and avoid a job-killing recession
The Fed has taken aim at inflation, but it isn’t moving fast enough. Earlier this month the Fed boosted the federal funds rate by half a point, and more half and quarter point increases are almost cer...