High Government Debt Levels Are Here to Stay. Why It Matters.
An electronic billboard at a bus shelter in Washington, D.C., displays the national debt. It topped $32.3 trillion in early July, and $32.9 trillion on...
Fed Will Pay High Price to Bring Down Inflation. Investors Should Take Note.
AFP via Getty Images Text size Central bankers from around the world are gathering in Sintra, Portugal this week to discuss the state of the...
Fed Minutes: Officials Uncertain More Rate Hikes
Minutes from the Fed’s May 2-3 meeting offered clues as to just how seriously officials considered holding interest rates steady. Anna Moneymaker/Getty Images Text size...
Deutsche Bank Still Wobbles as Yellen and Powell Insist System Is Resilient.
It has been a wild few days for banks. The collapse of Silicon Valley Bank happened this month, but it feels like years ago. It...
Bitcoin Price Is Stable Despite Trouble at Silvergate. But Banks Are a Risk.
Text size Bitcoin prices have largely failed to consolidate recent gains above $24,000. Dreamstime Cryptocurrencies held their ground on Thursday, seeming to shrug off news...
The Bond Market’s Recession Signal Is the Loudest in 40-Plus Years
The U.S. Treasury yield curve recently inverted to a point that hadn’t occurred since the early 1980s, signaling that a recession is on the way....
Inflation Isn’t Going Anywhere. History Says It Could Take a Decade To Get Back to Normal: Barron's
The Fed and the markets alike anticipate inflation pressures abating significantly in 2023. History is not on their side. Source link...
A Fed Pivot Is Wall Street’s Dream. Jobs Report Could Be Rude Awakening: Barron's
Markets have gotten giddy so far in October, dreaming of a dovish Federal Reserve. But they were abruptly woken up Wednesday. Source link...
A Top Morgan Stanley Strategist Says Europe’s Stocks Will Tumble Even More
Text size It could be a few months before European stocks become bargains, says Morgan Stanley’s Secker. Above, traders in Frankfurt. Daniel Roland/AFP/Getty Images European...
Investors Want Clarity from the Fed. Why Powell Won’t Provide It.
About the author: Larry Hatheway is the co-founder of Jackson Hole Economics and the former chief economist of UBS. The Federal Reserve’s annual conclave kicks off in Jackson Hole,...